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Comparable Estimates of Intergenerational Income Mobility in Italy

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Author Info
Patrizio Piraino (Università di Siena)

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Abstract

This paper examines the degree and patterns of intergenerational economic mobility in Italy. It uses data from the Bank of Italy's repeated cross-section household survey. Retrospective information on parental economic status may be exploited by applying a two-sample two-stage least squares estimation. I estimate the intergenerational income elasticity for Italy and investigate the main mobility patterns across the distribution. From an overall comparison, the evidence provided in this paper hints that Italy is in the low-mobility group among advanced societies, in the range of values found in the U.S. and the UK. The transmission of economic status appears to be particularly strong at the top of the income distribution. I investigate the role of education in the transmission of economic status in Italy and find evidence that children with the same level of formal education seem to have unequal chances in the labor market depending on family background.

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Publisher Info
Article provided by Berkeley Electronic Press in its journal Contributions to Economic Analysis & Policy.

Volume (Year): 7 (2007)
Issue (Month): 2 ()
Pages: 1711-1711
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Handle: RePEc:bep:eapcon:v:7:y:2007:i:2:p:1711-1711

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Related research
Keywords: intergenerational income mobility cross sections mobility patterns

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Find related papers by JEL classification:
J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Bjorklund, Anders & Jantti, Markus, 1997. "Intergenerational Income Mobility in Sweden Compared to the United States," American Economic Review, American Economic Association, vol. 87(5), pages 1009-18, December. [Downloadable!] (restricted)
  2. Osterbacka, Eva, 2001. " Family Background and Economic Status in Finland," Scandinavian Journal of Economics, Blackwell Publishing, vol. 103(3), pages 467-84, September. [Downloadable!] (restricted)
  3. Steven Haider & Gary Solon, 2006. "Life-Cycle Variation in the Association between Current and Lifetime Earnings," American Economic Review, American Economic Association, vol. 96(4), pages 1308-1320, September.
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  4. Simona Comi, 2004. "Intergenerational mobility in Europe: evidence from ECHP," CHILD Working Papers wp18_04, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
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  5. Dearden, Lorraine & Machin, Stephen & Reed, Howard, 1997. "Intergenerational Mobility in Britain," Economic Journal, Royal Economic Society, vol. 107(440), pages 47-66, January. [Downloadable!] (restricted)
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  6. Solon, Gary, 1992. "Intergenerational Income Mobility in the United States," American Economic Review, American Economic Association, vol. 82(3), pages 393-408, June. [Downloadable!] (restricted)
  7. Markus Jäntti & Bernt Bratsberg & Knut Røed & Oddbjørn Raaum & Robin Naylor & Eva Österbacka & Anders Björklund & Tor Eriksson, 2006. "American Exceptionalism in a New Light: A Comparison of Intergenerational Earnings Mobility in the Nordic Countries, the United Kingdom and the United States," IZA Discussion Papers 1938, Institute for the Study of Labor (IZA). [Downloadable!]
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  8. Andrea Brandolini, 1999. "The Distribution of Personal Income in Post-War Italy: Source Description, Data Quality, and the Time Pattern of Income Inequality," Temi di discussione (Economic working papers) 350, Bank of Italy, Economic Research Department. [Downloadable!]
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  9. Checchi, Daniele & Ichino, Andrea & Rustichini, Aldo, 1999. "More equal but less mobile?: Education financing and intergenerational mobility in Italy and in the US," Journal of Public Economics, Elsevier, vol. 74(3), pages 351-393, December. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Sauro Mocetti, 2007. "Intergenerational Earnings Mobility in Italy," Contributions to Economic Analysis & Policy, Berkeley Electronic Press, vol. 7(2), pages 1794-1794. [Downloadable!] (restricted)
  2. Tom Hertz & Tamara Jayasundera & Patrizio Piraino & Sibel Selcuk & Nicole Smith & Alina Verashchagina, 2008. "The Inheritance of Educational Inequality: International Comparisons and Fifty-Year Trends," Advances in Economic Analysis & Policy, Berkeley Electronic Press, vol. 7(2), pages 1775-1775. [Downloadable!] (restricted)
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