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Are we richer than our parents were? : absolute income mobility in Australia

Kennedy, Tomas; Siminski, Peter - 2021

We conduct the first dedicated study of absolute income mobility in Australia, for 1950-2019. About two-thirds of 30 …-boomers (over 80% had higher incomes than their parents). About two-thirds of this decline in mobility is due to lower income growth …. The remainder is due to rising inequality. The mobility estimate is higher (78%) when income is adjusted (equivalised) for …

Persistent link: https://www.econbiz.de/10012519366

Intergenerational earnings mobility and preferences for redistribution

Siedler, Thomas; Sonnenberg, Bettina - 2012

empirical results yield strong and robust support for Piketty's (1995) rational-learning theory: individuals who experience …

Persistent link: https://www.econbiz.de/10009681426

Intergenerational Earnings Mobility and Preferences for Redistribution

Siedler, Thomas - 2012

empirical results yield strong and robust support for Piketty's (1995) rational-learning theory: individuals who experience …

Persistent link: https://www.econbiz.de/10013096828

Intergenerational Earnings Mobility in Norway : Levels and Trends

Bratberg, Espen; Nilsen, Øivind Anti; Vaage, Kjell - 2006

Using longitudinal data for Norwegian children born in 1950, 1955, 1960 and 1965, we find a relatively high degree of earnings mobility. There is no tendency toward decreasing mobility over the cohorts. Conditioning on the position in the earnings distribution, the analysis indicates quite high...

Persistent link: https://www.econbiz.de/10014060899

Dynastic human capital, inequality and intergenerational mobility

Adermon, Adrian; Lindahl, Mikael; Palme, Mårten - 2016

transmission of human capital. We use three different measures of human capital: years of schooling, family income and an index of …

Persistent link: https://www.econbiz.de/10011598138

Intergenerational mobility : measurement and the role of borrowing constraints and inherited tastes

Caballé, Jordi - In: SERIEs : Journal of the Spanish Economic Association 7 (2016) 4, pp. 393-420

In this paper, I present some popular measures of mobility in economic outcomes within a family across generations. I also discuss two of the most important factors preventing intergenerational mobility: existence of financially constrained individuals and transmission of tastes from parents to...

Persistent link: https://www.econbiz.de/10011657530

Intergenerational Mobility Under Education-Effort Complementarity

Alonso-Carrera, Jaime; Caballé, Jordi; Raurich, Xavier - 2016

In this paper, we build a model that, according to the empirical evidence, gives raise to oscillations in wealth within a dynasty while keeping inter-generational persistence in education attainment. The mechanism that we propose is based on the interaction between effort and wealth suggested by...

Persistent link: https://www.econbiz.de/10014125168

Intergenerational Mobility of Earnings and Income Among Sons and Daughters in Vietnam

Dang, Thang - 2015

In this paper, I investigate intergenerational mobility of earnings and income among sons and daughters in Vietnam. In … individual income with respective to their fathers' individual earnings. The two-sample two-stage least squares (TS2SLS … individual earnings and individual income, respectively. For Vietnamese daughters, the baseline IGE estimates are 0.284 and 0 …

Persistent link: https://www.econbiz.de/10013021933

A Theory of Intergenerational Mobility

Becker, Gary S. - 2018

We study the link between market forces, cross-sectional inequality, and intergenerational mobility. Emphasizing complementarities in the production of human capital, we show that wealthy parents invest, on average, more in their offspring than poorer ones. As a result, economic status persists...

Persistent link: https://www.econbiz.de/10012937011

Intergenerational Income Mobility and Income Taxation

Kurnaz, Musab - 2019

We study the impact of income taxation on intergenerational income correlation. We estimate a life cycle dynastic model …

Persistent link: https://www.econbiz.de/10012890640