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The estimation of intergenerational mobility ideally requires full income histories to determine lifetime incomes. However, as applications are typically based on shorter snapshots, estimates are subject to lifecycle bias. Using long income series from Sweden and the US, we illustrate that...
Persistent link: https://www.econbiz.de/10014305345
Estimates of the most common mobility measure, the intergenerational elasticity, can be severely biased if snapshots are used to approximate lifetime income. However, little is known about biases in other popular dependence measures. We use long Swedish income series to provide such evidence for...
Persistent link: https://www.econbiz.de/10011440142
We use complete-count register data to describe various features of intergenerational mobility in Sweden. First, we document the extent of regional variation in educational and income mobility across Swedish municipalities, and describe its spatial pattern. Second, we study the stability of such...
Persistent link: https://www.econbiz.de/10012660627