Steckel, Richard H.; Krishnan, Jayanthi - National Bureau of Economic Research (NBER) - 1992
We depict and analyze wealth mobility in a national sample of nearly 4,000 households interviewed by the National Longitudinal Survey over a ten year period from the mid 1960s to the mid 1970s. A transition matrix, the Shorrocks measure, average decile position for various subgroups, and wealth...