Intergenerational Earnings Mobility in Singapore and the United States
AbstractThis study compared intergenerational earnings mobility in Singapore and the United States by replicating the limitations in the Singapore National Youth Survey on the U.S. Panel Study of Income Dynamics. The mean estimated earnings elasticities are almost identical: 0.26 in Singapore and 0.27 in the United States. Transformed to 0.45 and 0.47 respectively to reflect permanent status, mobility in the two countries is moderately low compared internationally. The finding of similar mobility is not surprising given that the economic realities, welfare systems, education regimes, and labor structures in the two countries are similar. Policy makers face the daunting challenge of overcoming immobility and inequality while maintaining global competitiveness.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre in its series Economic Growth centre Working Paper Series with number 0803.
Length: 27 pages
Date of creation: Mar 2008
Date of revision:
Intergenerational earnings mobility; Singapore; United States;
Other versions of this item:
- Ng, Irene Y.H. & Shen, Xiaoyi & Ho, Kong Weng, 2009. "Intergenerational earnings mobility in Singapore and the United States," Journal of Asian Economics, Elsevier, vol. 20(2), pages 110-119, March.
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-05-17 (All new papers)
- NEP-DEV-2008-05-17 (Development)
- NEP-LAB-2008-05-17 (Labour Economics)
- NEP-SEA-2008-05-17 (South East Asia)
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.:
- Dunn Christopher E, 2007. "The Intergenerational Transmission of Lifetime Earnings: Evidence from Brazil," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(2), pages 1-42, October.
- Corak, Miles Heisz, Andrew, 1998.
"The Intergenerational Earnings and Income Mobility of Canadian Men: Evidence from Longitudinal Income Tax Data,"
Analytical Studies Branch Research Paper Series
1998113e, Statistics Canada, Analytical Studies Branch.
- Miles Corak & Andrew Heisz, 1999. "The Intergenerational Earnings and Income Mobility of Canadian Men: Evidence from Longitudinal Income Tax Data," Journal of Human Resources, University of Wisconsin Press, vol. 34(3), pages 504-533.
- Stewart, Mark B, 1982.
"On Least Squares Estimation when the Dependent Variable is Grouped,"
The Warwick Economics Research Paper Series (TWERPS)
207, University of Warwick, Department of Economics.
- Stewart, Mark B, 1983. "On Least Squares Estimation When the Dependent Variable Is Grouped," Review of Economic Studies, Wiley Blackwell, vol. 50(4), pages 737-53, October.
- Steven Haider & Gary Solon, 2006.
"Life-Cycle Variation in the Association between Current and Lifetime Earnings,"
American Economic Review,
American Economic Association, vol. 96(4), pages 1308-1320, September.
- Steven Haider & Gary Solon, 2006. "Life-Cycle Variation in the Association between Current and Lifetime Earnings," NBER Working Papers 11943, National Bureau of Economic Research, Inc.
- Dearden, Lorraine & Machin, Stephen & Reed, Howard, 1997.
"Intergenerational Mobility in Britain,"
Royal Economic Society, vol. 107(440), pages 47-66, January.
- Lorraine Dearden & Steve Machin & Howard Reed, 1995. "Intergenerational mobility in Britain," IFS Working Papers W95/20, Institute for Fiscal Studies.
- Lorraine Dearden & Stephen Machin & H Reed, 1996. "Intergenerational Mobility in Britain," CEP Discussion Papers dp0281, Centre for Economic Performance, LSE.
- Kenneth A. Couch & Thomas A. Dunn, 1995.
"Intergenerational Correlations in Labor Market Status: A Comparison of the United States and Germany,"
Discussion Papers of DIW Berlin
111, DIW Berlin, German Institute for Economic Research.
- Kenneth A. Couch & Thomas A. Dunn, 1997. "Intergenerational Correlations in Labor Market Status: A Comparison of the United States and Germany," Journal of Human Resources, University of Wisconsin Press, vol. 32(1), pages 210-232.
- Lillard, L.A. & Kilburn, M.R., 1995. "Intergenerational Earnings Links: Sons and Daughters," Papers 95-17, RAND - Labor and Population Program.
- Bjorklund, Anders & Jantti, Markus, 1997. "Intergenerational Income Mobility in Sweden Compared to the United States," American Economic Review, American Economic Association, vol. 87(5), pages 1009-18, December.
- Behrman, Jere R & Taubman, Paul, 1990. "The Intergenerational Correlation between Children's Adult Earnings and Their Parents' Income: Result from the Michigan Panel Survey of Income Dynamics," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(2), pages 115-27, June.
- Corak, Miles, 2006. "Do Poor Children Become Poor Adults? Lessons from a Cross Country Comparison of Generational Earnings Mobility," IZA Discussion Papers 1993, Institute for the Study of Labor (IZA).
- Ng Irene, 2007. "Intergenerational Income Mobility in Singapore," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(2), pages 1-35, October.
- Megan Louw & Servaas Van der berg & Derek Yu, 2007. "Convergence Of A Kind: Educational Attainment And Intergenerational Social Mobility In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 75(3), pages 548-571, 09.
- Solon, Gary, 1992. "Intergenerational Income Mobility in the United States," American Economic Review, American Economic Association, vol. 82(3), pages 393-408, June.
- Megan Louw & Servaas van der Berg & Derek Yu, 2006. "Educational attainment and intergenerational social mobility in South Africa," Working Papers 09/2006, Stellenbosch University, Department of Economics.
- Eric R. Eide & Mark H. Showalter, 1999. "Factors Affecting the Transmission of Earnings across Generations: A Quantile Regression Approach," Journal of Human Resources, University of Wisconsin Press, vol. 34(2), pages 253-267.
- Anders Bohlmark & Matthew J. Lindquist, 2006. "Life-Cycle Variations in the Association between Current and Lifetime Income: Replication and Extension for Sweden," Journal of Labor Economics, University of Chicago Press, vol. 24(4), pages 879-900, October.
- Timothy M. Smeeding, 2005. "Public Policy, Economic Inequality, and Poverty: The United States in Comparative Perspective," Social Science Quarterly, Southwestern Social Science Association, vol. 86(s1), pages 955-983.
- Simona Comi, 2004.
"Intergenerational mobility in Europe: evidence from ECHP,"
CHILD Working Papers
wp18_04, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
- Simona Comi, 2003. "Intergenerational mobility in Europe: evidence from ECHP," Departmental Working Papers 2003-03, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Bhashkar Mazumder, 2005. "Fortunate Sons: New Estimates of Intergenerational Mobility in the United States Using Social Security Earnings Data," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 235-255, May.
- Joseph G. Altonji & Thomas A. Dunn, 1991. "Relationships Among the Family Incomes and Labor Market Outcomes of Relatives," NBER Working Papers 3724, National Bureau of Economic Research, Inc.
- Maribel Jiménez, 2011. "Un Análisis Empírico de las No Linealidades en la Movilidad Intergeneracional del Ingreso. El caso de la Argentina," CEDLAS, Working Papers 0114, CEDLAS, Universidad Nacional de La Plata.
- repec:ese:iserwp:2013-23 is not listed on IDEAS
- Maribel Jimenez & Monica Jimenez, 2009. "La Movilidad Intergeneracional del Ingreso: Evidencia para Argentina," CEDLAS, Working Papers 0084, CEDLAS, Universidad Nacional de La Plata.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Magdalene Lim).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.