This study investigates intergenerational earnings mobility in Korea for sons born between 1958 and 1973 and compares Korea’s mobility to that of other nations. It uses data from the Korea Labor and Income Panel Study and the Household Income and Expenditure Survey conducted by the Korean...

Estimation of the memory parameter (d) is considered for models of nonstationary fractionally integrated time series with d gt; (1/2). It is shown that the log periodogram regression estimator of d is inconsistent when 1 lt; d lt; 2 and is consistent when (1/2) lt; d = 1. For d gt; 1, the...