From rags to riches? Intergenerational transmission of income in Europe
AbstractThe 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 InfoPaper provided by Vienna University of Economics, Department of Economics in its series Department of Economics Working Papers with number wuwp135.
Date of creation: Mar 2011
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Find related papers by JEL classification:
- D30 - Microeconomics - - Distribution - - - General
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
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