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'And Yet, It Moves': Intergenerational Economic Mobility in Italy

Author

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  • Gianluca Violante

    (NYU)

  • Alberto Polo

    (NYU)

  • Paolo Acciari

    (Italian Ministry of Economy and Finance)

Abstract

This paper provides the first comprehensive measurement for Italy of the degree of intergenerational economic mobility (IEM). The empirical analysis is based on unique tax record data for a 10 percent sample of the Italian tax payers (over 2M observations) where one can link the SSN of parents in 1998-1999 to the SSN of their children roughly 15 years later. We report a number of different measures of IEM such as the intergenerational elasticity, the rank-rank relationship, and upward and downward directional rank mobility. We document how these measures vary geographically across regions and across family types. We compare our methodology with the `informational content of surnames' approach developed by Guell and Rodriguez-Mora and recently applied to Italian data. We demonstrate that, geographically, IEM is strongly correlated to a number of socio-economic indicators, in particularly quality of public schooling. Finally, we compare our estimates of intergenerational income mobility with estimates using the same methodology for the U.S., Canada, Sweden, and Denmark.

Suggested Citation

  • Gianluca Violante & Alberto Polo & Paolo Acciari, 2016. "'And Yet, It Moves': Intergenerational Economic Mobility in Italy," 2016 Meeting Papers 1086, Society for Economic Dynamics.
  • Handle: RePEc:red:sed016:1086
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    File URL: https://economicdynamics.org/meetpapers/2016/paper_1086.pdf
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    Cited by:

    1. Luigi Cannari & Giovanni D’Alessio, "undated". "Education, income and wealth: persistence across generations in Italy," Questioni di Economia e Finanza (Occasional Papers) 476, Bank of Italy, Economic Research and International Relations Area.

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