Two-Sample Nonparametric Estimation of Intergenerational Income Mobili ty
We estimate intergenerational income mobility in the USA and Sweden. To measure the degree to which income status is transmitted from one generation to another we propose a nonparametric estimator, which is particularly relevant for cross-country comparisons. Our approach allows intergenerational mobility to vary across observable family characteristics. Furthermore, it ts situations when data on fathers and sons come from di fferent samples. Finally, our estimator is consistent in the presence of measurement error in fathers' long-run economic status. We fi nd that family background captured by fathers' education matters for intergenerational income persistence in the USA more than in Sweden suggesting that the character of inequality in the two countries is rather di fferent.
|Date of creation:||07 Aug 2013|
|Date of revision:|
|Contact details of provider:|| Phone: +61 2 9351 8083|
Web page: http://sydney.edu.au/business/business_analyticsEmail:
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:syb:wpbsba:2123/9293. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Artem Prokhorov)
If references are entirely missing, you can add them using this form.