Pekkala, Sari; Lucas, Robert E. B. - Department of Economics, Boston University - 2004
Trends in inter-generational economic mobility in Finland are analyzed using panel data from 1950 through 1999 on more than 200 thousand sons and daughters born between 1930 and 1970. A significant decline is estimated in the inter-generational transmission elasticity from the 1930 birth cohort...