Intergenerational Mobility of Income: The Case of Chile 1996-2006
Using the largest household panel data available in Chile we investigate intergenerational mobility of income during the decade 1996-2006. Following recent literature we control our estimates by time-series variation in intergenerational mobility. In addition, we control for sample selection following new weight adjusting methods proposed for intergenerational mobility analysis using longitudinal data. Our results indicate low income mobility compared with developing countries and that income elasticities are higher for men. Furthermore, a cohort analysis suggests that intergenerational mobility decreased with time.
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