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Estimation of sons' intergenerational earnings mobility in the presence of censoring Author info | Abstract | Publisher info | Download info | Related research | Statistics Alexandra L. Minicozzi (Department of Economics, University of Texas at Austin, Austin, TX 78705, USA)
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Based on intergenerational data from the Panel Study of Income Dynamics, I provide estimates of income mobility across generations for men. Special attention is paid to issues of censoring caused by a son's unemployment. Employing non-parametric bounds estimates, I illustrate that previous income mobility estimates rely heavily on (unjustified) assumptions of exogenous selection. Assuming a son's potential income is instead a function of his reason for unemployment and work history, I re-estimate mobility. Allowing for sampling variability, the range of feasible slopes consistent with these modified bounds restrictions is 0.27 to 0.55. Copyright © 2002 John Wiley & Sons, Ltd.
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Article provided by John Wiley & Sons, Ltd. in its journal Journal of Applied Econometrics .
Volume (Year): 18 (2003)
Issue (Month): 3 ()
Pages: 291-314
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Handle: RePEc:jae:japmet:v:18:y:2003:i:3:p:291-314Contact details of provider: Web page: http://www.interscience.wiley.com/jpages/0883-7252/
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Keywords: 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.:
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