We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity - one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in opportunities faced by people with...

In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...

A cross country comparison of generational earnings mobility is offered, and the reasons for the degree to which the long run labour market success of children is related to that of their parents is examined. The rich countries differ significantly in the extent to which parental economic status...

Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...

In this paper, we assume that redistribution modifies the community structure of an economy and generates both intra and intergenerational mobility. In a world in which neighbourhood attributes and family backgrounds are important to determine the investment effort and the productivity of...

The main objective of this research is to estimate and analyze the temporal changes in income mobility between generations in Argentina. For this, the concept of equality of opportunity is considered which offers a natural approach to evaluate the processes of intergenerational mobility (IM). In...

Multigenerational mobility refers to the associations in socioeconomic status across three or more generations. This article begins by summarising the longstanding but recently growing empirical literature on multigenerational mobility. It then discusses multiple theoretical interpretations of...

This paper examines the role of education as causal channel through which growing up poor affects the economic outcomes in adulthood in the European Union. We apply a potential outcomes approach to quantify those impacts and we provide a sensitivity analysis on possible unobserved confounders,...

Correlations between parent and child earnings reflect intergenerational mobility and, more broadly, correlations between siblings' earnings reflect shared community and family background. These earnings relationships capture important aspects of relations in socioeconomic status more generally....

Correlations between parent and child earnings reflect intergenerational mobility and, more broadly, correlations between siblings’ earnings reflect shared community and family background. These earnings relationships capture important aspects of relations in socio-economic status more...