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A note on the rate of intergenerational convergence of earnings

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Author Info
Eric R. Eide () (Department of Economics, Brigham Young University, Provo, UT 84602-2363, USA)
Mark H. Showalter () (Department of Economics, Brigham Young University, Provo, UT 84602-2363, USA)

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Abstract

We show that "convergence" to mean earnings in intergenerational earnings mobility models will be a function not only of the single-generation correlation of earnings, but also of the properties of the unobserved stochastic distribution of shocks to earnings.

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Publisher Info
Article provided by Springer in its journal Journal of Population Economics.

Volume (Year): 13 (2000)
Issue (Month): 1 ()
Pages: 159-162
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Handle: RePEc:spr:jopoec:v:13:y:2000:i:1:p:159-162

Note: Received: 24 March 1998/Accepted: 13 November 1998 received funds for ist "AERA Grants Program" from the National Science Foundation and the National Center of Education Statistics (U.S. Department of Education) under NSF Grant #RED-9452861. Opinions reflect those of the authors and do not necessarily reflect those of the granting agencies. Support was also received from the BYU College of Family, Home, and Social Sciences at Brigham Young University. Responsible editor: Alessandro Cigno.-->
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Related research
Keywords: Intergenerational earnings mobility;

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

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