Lower intergenerational income mobility for blacks is a likely cause behind the persistent interracial gap in economic … status in the United States. However, few studies have analyzed black-white differences in intergenerational income mobility … traditional transition probability of movement across income quantiles. We then introduce a new measure of upward mobility which …

also plays an important role in explaining variations in family income, wages, education, and risk attitudes. …

(or "income") during childhood and laterlife outcomes; we do not explicitly consider the impact of other family background … security benefits. However we conclude that, broadly speaking, the analytical framework that has been used for high-income …