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Intergenerational Income Mobility: An Analysis based on JHPS Second Generation Supplement

Author

Listed:
  • Hideo Akabayashi

    (Faculity of Economics, Keio University)

  • Michio Naoi

    (Faculity of Economics, Keio University)

Abstract

We estimate the intergenerational elasticity of income using the JHPS Second Generation Supplement. The estimates of intergenerational elasticity of income ranged from 0.26 to 0.29. The intergenerational elasticity of income is greater for men than for women. Controlling the educational background of the offspring reduces the elasticity of the male sample, but has no clear effect for the female sample. The cohabitation with parents and the proximity of parents and children work to increase the intergenerational elasticity of income. The intergenerational elasticity is greater for the sample whose parents used to live in large cities.

Suggested Citation

  • Hideo Akabayashi & Michio Naoi, 2021. "Intergenerational Income Mobility: An Analysis based on JHPS Second Generation Supplement," Keio-IES Discussion Paper Series 2021-007, Institute for Economics Studies, Keio University.
    • Handle: RePEc:keo:dpaper:2021-007
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    More about this item

    Keywords

    income; intergenerational mobility; education; parent-child survey;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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