Showing 1 - 10 of 37
The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key concepts and properties of the different...
Persistent link: https://www.econbiz.de/10014048669
This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on the relationship between the incomes of parents and future earnings of their children. We focus on two different measures of mobility - (i) traditional transition probability of...
Persistent link: https://www.econbiz.de/10014221881
We demonstrate that intergenerational mobility declined sharply for cohorts born between 1957 and 1964 compared to those born between 1942 and 1953. The former entered the labor market largely after the large rise in inequality that occurred around 1980 while the latter entered the labor market...
Persistent link: https://www.econbiz.de/10012854447
Traditional measures of intergenerational mobility such as the intergenerational elasticity are not useful for inferences concerning group differences in mobility with respect to the pooled income distribution. This paper uses transition probabilities and measures of “directional rank...
Persistent link: https://www.econbiz.de/10013117921
We propose an incentive pay scheme for educators that links educator compensation to the ranks of their students within … optimal levels of effort to all students. Because this scheme employs only ordinal information, our scheme allows education …
Persistent link: https://www.econbiz.de/10014201326
Ideal estimates of the intergenerational elasticity (IGE) in income require a large panel of income data covering the entire working lifetimes for two generations. Previous studies have demonstrated that using short panels and covering only certain portions of the lifecycle can lead to...
Persistent link: https://www.econbiz.de/10013020792
Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960s and early 1970s that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...
Persistent link: https://www.econbiz.de/10013039967
The low rate of inflation observed in the U.S. over the past decade is hard to reconcile with traditional measures of labor market slack. We develop a theory-based indicator of interfirm wage competition that can explain the missing inflation. Key to this result is a drop in the rate of...
Persistent link: https://www.econbiz.de/10014258273
We evaluate the effect of performance-based incentive programs on educational outcomes for community college students … group students completed nearly 40 percent more credits. We find little evidence that program eligibility changed types of …
Persistent link: https://www.econbiz.de/10014200430
-semester students, although instructors continued to record letter grades. We identify the causal effect of the policy on course choice … and performance, using a regression-discontinuity-in-time design. Students shifted to lower-grading STEM courses in the … first semester, but did not increase their engagement with STEM in later semesters. Letter grades of first-semester students …
Persistent link: https://www.econbiz.de/10014264673