Another problem in the estimation of intergenerational income mobility
AbstractThe current econometric model of intergenerational income mobility is premised on a simplified notion of permanent income. Analytical results and empirical evidence suggest that estimates are not robust to failure of this assumption.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 108 (2010)
Issue (Month): 3 (September)
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Web page: http://www.elsevier.com/locate/ecolet
Intergenerational mobility Income mobility Permanent income Early childhood development;
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