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...

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...

We review the economic literature on the impacts of the several dimensions of education upon intergenerational inequality persistency. It is firstly outlined that the critical increase in the population education level in all countries has not come with lower inequality. The basic tools of...

For developing countries, it is difficult to find income mobility studies that rely on datasets linking parents with their children. Most of the available evidence for developing countries, instead, relies on co-resident households and two-sample instrumental variables approach, which are known...

In this paper, we build a model that, according to the empirical evidence, gives raise to oscillations in wealth within a dynasty while keeping inter-generational persistence in education attainment. The mechanism that we propose is based on the interaction between effort and wealth suggested by...

We examine how cash transfers affect an individual's education investment, intergenerational mobility, and economic growth. We find that providing larger transfer amounts to higher ability children is desirable to foster growth if the economy has relatively low wage inequality

We investigate the hypothesis of failed integration and low social mobility of immigrants. An intergenerational assimilation model is tested empirically on household survey data and validated against registry data provided by the Italian Embassy in Germany. Although we confirm substantial...

How much of income inequality is due to initial opportunities relative to adult income risk? What factors determine intergenerational mobility? We study these questions with particular interest in the impact of two family choices: fertility and transfers. Fertility rates, which are higher for...

We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....

This paper reviews the literature on intergenerational mobility. While our review is centered around the large empirical literature on this topic, we also give a brief discussion of some of the relevant theory. We consider three strands of the empirical literature. First, we discuss how to...