A limited information estimator for the multivariate ordinal probit model is developed. The main advantage of the estimator is that even for high dimensional models, the estimation procedure requires the evaluation of bivariate normal integrals only. The proposed estimator also avoids the...

We estimate intergenerational income mobility in Taiwan, employing repeated cross-sectional data. We find that the father-son, father-daughter,mother-son and mother-daughter income elasticitiesat- 40 are around 0.18, 0.23, 0.50 and 0.54, respectively. Moreover, the mother-child income elasticity...