persistence between parents and children's outcomes has been an active area of research. However, since Gary Solon's 1999 Chapter … precision of the correlations themselves. -- Education ; income mobility ; income transmission ; intergenerational transmission …

It has been shown that a person's relative income - compared to a reference group - has a negative impact on self … relative income is low. In this paper we study this hypothesis by estimating the effect of relative income on job mobility … characteristics. Our findings suggest that workers compare their own income to that of their neighbors, and low relative income is …