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From rags to riches? Intergenerational transmission of income in Europe

Author

Listed:
  • Matthias Schnetzer

    () (Department of Economics, Vienna University of Economics & B.A.)

  • Wilfried Altzinger

    () (Department of Economics, Vienna University of Economics & B.A.)

Abstract

The paper uses data from the European Union Statistics on Income and Living Conditions (EU-SILC) 2005 to analyze intergenerational income mobility in Austria compared to other European Union members. Applying various methodological approaches like least squares estimations and quantile regressions we reveal substantial differences in intergenerational mobility between Scandinavian countries and Continental Europe. The results show that income class rigidities in most European countries are striking compared to the Nordic countries.

Suggested Citation

  • Matthias Schnetzer & Wilfried Altzinger, 2011. "From rags to riches? Intergenerational transmission of income in Europe," Department of Economics Working Papers wuwp135, Vienna University of Economics and Business, Department of Economics.
  • Handle: RePEc:wiw:wiwwuw:wuwp135
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    File URL: http://www.wu-wien.ac.at/inst/vw1/papers/wu-wp135.pdf
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    References listed on IDEAS

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    1. Thorsten Vogel, 2006. "Reassessing Intergenerational Mobility in Germany and the United States: The Impact of Differences in Lifecycle Earnings Patterns," SFB 649 Discussion Papers SFB649DP2006-055, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
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    Cited by:

    1. Rainer Eppel & Ulrike Famira-Mühlberger & Julia Bock-Schappelwein, 2014. "Indicators of the Austrian Labour Market: an EU-wide Comparison," WIFO Monatsberichte (monthly reports), WIFO, vol. 87(11), pages 755-766, November.
    2. repec:clr:wugarc:y:2016v:42i:4p:617 is not listed on IDEAS
    3. repec:clr:wugarc:y:2016v:42i:04p:617 is not listed on IDEAS
    4. repec:wfo:wstudy:58820 is not listed on IDEAS
    5. repec:wfo:wstudy:45118 is not listed on IDEAS

    More about this item

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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