Family Background, Intergenerational Mobility, and Earnings Distribution : Evidence from the United States
AbstractAn emerging literature in the field of income distribution suggests that inequality may persist in the long run. U.S. father and son income data extracted from the PSID support the hypothesis that the distribution of earnings of children raised in privileged environments welfare-dominates that of children of disadvantaged backgrounds. We provide explanations for this finding. On the whole though the intergenerational probability matrix of earnings exhibits a pattern of symmetry with transitions from class i to class j equally likely as movements from class j to class i.
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Bibliographic InfoPaper provided by Université de Lausanne, Faculté des HEC, DEEP in its series Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) with number 9623.
Length: 22 pages
Date of creation: Nov 1996
Date of revision:
Publication status: Published in Swiss Journal of Economics and Statistics, vol.143, 1998, pp. 527-543
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Postal: Université de Lausanne, Faculté des HEC, DEEP, Internef, CH-1015 Lausanne
Phone: ++41 21 692.33.64
Fax: ++41 21 692.33.05
Web page: http://www.hec.unil.ch/deep/publications/cahiers/series
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inequality; intergenerational mobility; welfare dominance;
Other versions of this item:
- Ramses H. Abul Naga, 1998. "Family Background, Intergenerational Mobility, and Earnings Distribution: Evidence from the United States," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 134(IV), pages 527-543, December.
- I3 - Health, Education, and Welfare - - Welfare and Poverty
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
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