This paper presents new evidence on intergenerational income and earnings mobility in the top of the distributions. Using a large dataset of matched father-son pairs in Sweden we are able to obtain results for fractions as small as 0.1 percent of the population. Overall, mobility is lower for...

This book explores the macroeconomic significance of the cloud of technological spillovers surrounding advanced industrial production: How do innovations contribute to economic growth? What policies can help maximize the economic potential of innovation?