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Countries with high income inequality also show a strong association between parents' and children's 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/10011459537
We examine how intergenerational mobility affects subjective wellbeing (SWB) using data from the British Cohort Study. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is...
Persistent link: https://www.econbiz.de/10012059641
We estimate the intergenerational elasticity (IGE) of income for the Netherlands using complete population data for around 177,000 28-year olds. We find that IGEs are much lower when actual individual income data are used rather than proxies or aggregates for income. Though low, daughters' IGEs...
Persistent link: https://www.econbiz.de/10012126190
This paper explores the variation in intergenerational educational mobility across the Brazilian states based on Markov transition matrixes and univariate econometric techniques. The analysis of the national household survey (PNAD-2014) confirms a strong variation in mobility among the 27...
Persistent link: https://www.econbiz.de/10012033093
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In societies where surnames are inherited from parents, we can use these names to estimate rates of intergenerational mobility. This paper explains how to make such estimates, and illustrates their use in pre-industrial England and modern Chile and India. These surname estimates have the...
Persistent link: https://www.econbiz.de/10012181113
Persistent link: https://www.econbiz.de/10012238294
Empirical findings suggest a positive correlation between inequality and social immobility, a phenomenon coined the Gatsby curve. However, complete explanations of the phenomenon have not yet been proposed. This paper answers two questions: What are Gatsby curves? When do they exist? We build a...
Persistent link: https://www.econbiz.de/10012154893
Persistent link: https://www.econbiz.de/10012167027
Relying on harmonized individual data for Germany and the United States, we perform a country comparison regarding the underlying mechanisms of the intergenerational income mobility. By applying descriptive and structural decomposition methods, we estimate the relative importance of the...
Persistent link: https://www.econbiz.de/10011770657