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A correlation curve is introduced as a tool to study the degree of intergenerational income mobility, i.e. how income status is related between parents and adult child. The method overcomes the shortcomings of the elasticity of children's income with respect to parents' income (i.e. its...
Persistent link: https://www.econbiz.de/10011896809
A correlation curve is introduced as a tool to study the degree of intergenerational income mobility, i.e. how income status is related between parents and adult child. The method overcomes the shortcomings of the elasticity of children’s income with respect to parents’ income (i.e. its...
Persistent link: https://www.econbiz.de/10011958888
A correlation curve is introduced as a tool to study the degree of intergenerational income mobility, i.e. how income status is related between parents and adult child. The method overcomes the shortcomings of the elasticity of children's income with respect to parents' income (i.e. its...
Persistent link: https://www.econbiz.de/10011896785
different positions in the earnings distributions. The local correlation is nonlinear, and can be very different from local … elasticities from nonparametric, or quantile regression. Elasticities should not be used to measure the local degree of association. …
Persistent link: https://www.econbiz.de/10010835348
comparative studies and in this study is applied to labour income in comparison to disposable income. Nonlinear correlation curves … are found, which in some cases substantially differ from corresponding nonlinear elasticities. …
Persistent link: https://www.econbiz.de/10010835350
model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly …
Persistent link: https://www.econbiz.de/10010611614
model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly …
Persistent link: https://www.econbiz.de/10011041732
Previous studies of intergenerational income mobility have typically focused at on estimating persistence across generations at the mean of the distribution of sons' earnings. Here, we use the relatively new unconditional quantile regression (UQR) technique to consider how the association...
Persistent link: https://www.econbiz.de/10011241618
Countries with high income inequality also show a strong association between parents ́and childrenś economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011440819
Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social...
Persistent link: https://www.econbiz.de/10011548051