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From rags to riches? Intergenerational transmission of income in Europe

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  • Matthias Schnetzer

    ()
    (Department of Economics, Vienna University of Economics & B.A.)

  • Wilfried Altzinger

    ()
    (Department of Economics, Vienna University of Economics & B.A.)

Abstract

The paper uses data from the European Union Statistics on Income and Living Conditions (EU-SILC) 2005 to analyze intergenerational income mobility in Austria compared to other European Union members. Applying various methodological approaches like least squares estimations and quantile regressions we reveal substantial differences in intergenerational mobility between Scandinavian countries and Continental Europe. The results show that income class rigidities in most European countries are striking compared to the Nordic countries.

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Bibliographic Info

Paper provided by Vienna University of Economics, Department of Economics in its series Department of Economics Working Papers with number wuwp135.

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Date of creation: Mar 2011
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Handle: RePEc:wiw:wiwwuw:wuwp135

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