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Robust determinants of intergenerational mobility in the land of opportunity

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  • Kourtellos, Andros
  • Marr, Christa
  • Tan, Chih Ming

Abstract

This paper revisits the influential work by Chetty et al. (2014) who attempt to explain the variation in intergenerational mobility across commuter zones in the US (i.e., spatial mobility) using nine classes of variables. We employ Bayesian model averaging methods that allow for model uncertainty to identify robust predictors of spatial mobility. In doing so we pay special attention to the specification of model and parameter priors. We also investigate the heterogeneous effects of these predictors on spatial mobility across commuter zones in different average income quintiles. Our findings suggest a more nuance and complex characterization of the spatial mobility process than that proposed by Chetty, Hendren, Kline, and Saez.

Suggested Citation

  • Kourtellos, Andros & Marr, Christa & Tan, Chih Ming, 2016. "Robust determinants of intergenerational mobility in the land of opportunity," European Economic Review, Elsevier, vol. 81(C), pages 132-147.
  • Handle: RePEc:eee:eecrev:v:81:y:2016:i:c:p:132-147
    DOI: 10.1016/j.euroecorev.2015.07.008
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    Cited by:

    1. Orhan Torul & Oguz Oztunali, 2017. "Intergenerational Educational Mobility in Europe," Working Papers 2017/03, Bogazici University, Department of Economics.
    2. Steel, Mark F. J., 2017. "Model Averaging and its Use in Economics," MPRA Paper 81568, University Library of Munich, Germany.

    More about this item

    Keywords

    Intergenerational mobility; Income persistence; BMA; Model uncertainty;

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality

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