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-tax, post-transfer income measure constructed annually from 1963-2022 based on the Current Population Survey Annual Social and … Economic Supplement. At age 36-40, Millennials had a real median household income that was 18 percent higher than that of the … experienced a greater intergenerational increase in real market income than Baby Boomers. Intergenerational progress for …
Persistent link: https://www.econbiz.de/10014492200
-tax, post-transfer income measure constructed annually from 1963-2022 based on the Current Population Survey Annual Social and … Economic Supplement. At age 36-40, Millennials had a real median household income that was 18 percent higher than that of the … experienced a greater intergenerational increase in real market income than Baby Boomers. Intergenerational progress for …
Persistent link: https://www.econbiz.de/10014470010
movements in income. We find that relative income mobility is a significant predictor of life satisfaction and mental health …, whether people move upward or downward. For absolute income, mobility is only a consistent predictor of SWB and mental health … income mobility downward movements affect SWB to a greater extent than upward movements, consistent with notions of loss …
Persistent link: https://www.econbiz.de/10012059641
Persistent link: https://www.econbiz.de/10012224572
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth generation, and examines how much of the parent-child association that can be explained by inheritances. Using a Swedish data set we find parent-child rank correlations of...
Persistent link: https://www.econbiz.de/10012985275
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth generation, and examines how much of the parent-child association that can be explained by inheritances. Using a Swedish data set we find parent-child rank correlations of 0.3-0.4...
Persistent link: https://www.econbiz.de/10011850513
This paper studies intergenerational income mobility using register data for 630,000 Danish children and their parents …. We document substantial mobility differences across parents' income levels. Decomposing the mobility estimates shows that … for children from low income families, intergenerational income persistence is exclusively explained by parents' influence …
Persistent link: https://www.econbiz.de/10015084099
This paper examines the intergenerational mobility of income and earnings in Greece after the bailout programs. We … employ the European Union Statistics on Income and Living Conditions survey to draw information on income in Greece from 2011 … different types of income to different approaches to measure mobility. Moreover, we report evidence to shed light on why …
Persistent link: https://www.econbiz.de/10013313869
We examine how cash transfers affect an individual's education investment, intergenerational mobility, and economic growth. We find that providing larger transfer amounts to higher ability children is desirable to foster growth if the economy has relatively low wage inequality
Persistent link: https://www.econbiz.de/10014098580
We survey the literature on income mobility, aiming to provide an integrated discussion of mobility within and between …
Persistent link: https://www.econbiz.de/10014025341