Intergenerational Correlation Curves: Evidence from PSID
Correlations curves are used to measure the degree of association of father’s and son’s earnings locally, i.e. at different positions in the earnings distributions. The local correlation is nonlinear, and can be very different from local elasticities from nonparametric, or quantile regression. Elasticities should not be used to measure the local degree of association.
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Working Paper Series
9/2010, Swedish Institute for Social Research.
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