The life-cycle dynamics of wealth mobility
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Richard Audoly & Rory McGee & Sergio Ocampo & Gonzalo Paz-Pardo, 2024. "The Life-Cycle Dynamics of Wealth Mobility," Staff Reports 1097, Federal Reserve Bank of New York.
References listed on IDEAS
- Sandra E. Black & Paul J. Devereux & Kjell G. Salvanes, 2005.
"Why the Apple Doesn't Fall Far: Understanding Intergenerational Transmission of Human Capital,"
American Economic Review, American Economic Association, vol. 95(1), pages 437-449, March.
- Sandra E. Black & Paul J. Devereux & Kjell G. Salvanes, 2003. "Why the apple doesn't fall far: understanding intergenerational transmission of human capital," CeMMAP working papers CWP16/03, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Paul J. Devereux & Sandra E. Black & Kjell G. Salvanes, 2005. "Why the apple doesn't fall far : understanding intergenerational transmission of human capital," Open Access publications 10197/309, School of Economics, University College Dublin.
- Sandra E. Black & Paul Devereux & Kjell Salvanes, 2004. "Why the apple doesn't fall far: understanding intergenerational transmission of human capital," Working Paper Series 2004-12, Federal Reserve Bank of San Francisco.
- Black, Sandra E. & Devereux, Paul J. & Salvanes, Kjell G., 2003. "Why the Apple Doesn't Fall Far: Understanding Intergenerational Transmission of Human Capital," IZA Discussion Papers 926, Institute of Labor Economics (IZA).
- Sandra E. Black & Paul J. Devereux & Kjell G. Salvanes, 2003. "Why the Apple Doesn't Fall Far: Understanding Intergenerational Transmission of Human Capital," NBER Working Papers 10066, National Bureau of Economic Research, Inc.
- Paul J. Devereux & Sandra E. Black & Kjell G. Salvanes, 2003. "Why the apple doesn't fall far : understanding intergenerational transmission of human capital," Open Access publications 10197/750, School of Economics, University College Dublin.
- Sandra E. Black & Paul J. Devereux & Kjell G. Salvanes, 2003. "Why the apple doesn't fall far: understanding intergenerational transmission of human capital," CeMMAP working papers 16/03, Institute for Fiscal Studies.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2017.
"Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework,"
Econometrica, Econometric Society, vol. 85, pages 693-734, May.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and consumption dynamics: a nonlinear panel data framework," IFS Working Papers W15/24, Institute for Fiscal Studies.
- Arellano, Manuel & Blundell, Richard & Bonhomme, Stephane, 2015. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," IZA Discussion Papers 9344, Institute of Labor Economics (IZA).
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and consumption dynamics: a nonlinear panel data framework," CeMMAP working papers CWP53/15, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2016. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," Working Papers wp2016_1606, CEMFI.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and consumption dynamics: a nonlinear panel data framework," CeMMAP working papers 53/15, Institute for Fiscal Studies.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," Working Papers wp2015_1506, CEMFI.
- Stéphane Bonhomme & Thibaut Lamadon & Elena Manresa, 2019.
"A Distributional Framework for Matched Employer Employee Data,"
Econometrica, Econometric Society, vol. 87(3), pages 699-739, May.
- Thibaut Lamadon & Elena Manresa & Stephane Bonhomme, 2015. "A Distributional Framework for Matched Employer Employee Data," 2015 Meeting Papers 1399, Society for Economic Dynamics.
- Bonhomme, Stéphane & Lamadon, Thibaut & Manresa, Elena, 2017. "A distributional framework for matched employer employee data," Working Paper Series 2017:24, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Andreas Fagereng & Magne Mogstad & Marte Rønning, 2021.
"Why Do Wealthy Parents Have Wealthy Children?,"
Journal of Political Economy, University of Chicago Press, vol. 129(3), pages 703-756.
- Andreas Fagereng & Magne Mogstad & Marte Rønning, 2015. "Why do wealthy parents have wealthy children?," Discussion Papers 813, Statistics Norway, Research Department.
- Andreas Fagereng & Magne Mogstad & Marte Rønning, 2018. "Why Do Wealthy Parents Have Wealthy Children?," CESifo Working Paper Series 6955, CESifo.
- Fatih Guvenen, 2009.
"An Empirical Investigation of Labor Income Processes,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(1), pages 58-79, January.
- Fatih Guvenen, 2005. "An Empirical Investigation of Labor Income Processes," Macroeconomics 0508026, University Library of Munich, Germany.
- Fatih Guvenen, 2007. "An Empirical Investigation of Labor Income Processes," NBER Working Papers 13394, National Bureau of Economic Research, Inc.
- Fatih Guvenen, 2007. "An empirical investigation of labor income processes," IFS Working Papers W07/13, Institute for Fiscal Studies.
- Emmanuel Saez & Gabriel Zucman, 2016. "Editor's Choice Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(2), pages 519-578.
- Becker, Gary S & Tomes, Nigel, 1979. "An Equilibrium Theory of the Distribution of Income and Intergenerational Mobility," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1153-1189, December.
- Egashira, Kento & Yata, Kazuyoshi & Aoshima, Makoto, 2024. "Asymptotic properties of hierarchical clustering in high-dimensional settings," Journal of Multivariate Analysis, Elsevier, vol. 199(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Marie Connolly & Catherine Haeck & Jean-William P. Laliberté, 2021.
"Parental Education and the Rising Transmission of Income between Generations,"
NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 289-315,
National Bureau of Economic Research, Inc.
- Marie Connolly & Catherine Haeck & Jean-William Laliberte, 2020. "Parental Education and the Rising Transmission of Income between Generations," Working Papers 20-05, Research Group on Human Capital, University of Quebec in Montreal's School of Management.
- Heejeong Kim, 2022.
"Education, Wage Dynamics, and Wealth Inequality,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 217-240, January.
- Heejeong Kim, 2021. "Code and data files for "Education, Wage Dynamics, and Wealth Inequality"," Computer Codes 19-92, Review of Economic Dynamics.
- Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2020.
"Heterogeneity and Persistence in Returns to Wealth,"
Econometrica, Econometric Society, vol. 88(1), pages 115-170, January.
- Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2016. "Heterogeneity and Persistence in Returns to Wealth," NBER Working Papers 22822, National Bureau of Economic Research, Inc.
- Andreas Fagereng & Luigi Guiso & Luigi Pistaferri & Davide Malacrino, 2019. "Heterogeneity and persistence in returns to wealth," Discussion Papers 912, Statistics Norway, Research Department.
- Andreas Fagereng & Luigi Guiso & Mr. Davide Malacrino & Luigi Pistaferri, 2018. "Heterogeneity and Persistence in Returns to Wealth," IMF Working Papers 2018/171, International Monetary Fund.
- Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2018. "Heterogeneity and Persistence in Returns to Wealth," CESifo Working Paper Series 7107, CESifo.
- Guiso, Luigi & Pistaferri, Luigi & Fagereng, Andreas & Malacrino, Davide, 2016. "Heterogeneity and Persistence in Returns to Wealth," CEPR Discussion Papers 11635, C.E.P.R. Discussion Papers.
- Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2016. "Heterogeneity and Persistence in Returns to Wealth," EIEF Working Papers Series 1615, Einaudi Institute for Economics and Finance (EIEF), revised Nov 2016.
- Adrian Adermon & Mikael Lindahl & Daniel Waldenström, 2018.
"Intergenerational Wealth Mobility and the Role of Inheritance: Evidence from Multiple Generations,"
Economic Journal, Royal Economic Society, vol. 128(612), pages 482-513, July.
- Adermon, Adrian & Lindahl, Mikael & Waldenström, Daniel, 2016. "Intergenerational Wealth Mobility and the Role of Inheritance: Evidence from Multiple Generations," IZA Discussion Papers 10126, Institute of Labor Economics (IZA).
- Waldenstrom, Daniel & Adermon, Adrian & Lindahl, Mikael, 2016. "Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations," CEPR Discussion Papers 11456, C.E.P.R. Discussion Papers.
- Adermon, Adrian & Lindahl, Mikael & Waldenström, Daniel, 2018. "Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations," Working Paper Series 2018:8, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Adermon, Adrian & Lindahl, Mikael & Waldenström, Daniel, 2016. "Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations," Working Papers in Economics 670, University of Gothenburg, Department of Economics.
- Martti Kaila & Emily Nix & Krista Riukula, 2021. "Disparate Impacts of Job Loss by Parental Income and Implications for Intergenerational Mobility," Opportunity and Inclusive Growth Institute Working Papers 53, Federal Reserve Bank of Minneapolis.
- Simon Halphen Boserup & Wojciech Kopczuk & Claus Thustrup Kreiner, 2018.
"Born with a Silver Spoon? Danish Evidence on Wealth Inequality in Childhood,"
Economic Journal, Royal Economic Society, vol. 128(612), pages 514-544, July.
- Simon Halphen Boserup & Wojciech Kopczuk & Claus Thustrup Kreiner, 2016. "Born with a Silver Spoon? Danish Evidence on Wealth Inequality in Childhood," NBER Working Papers 22549, National Bureau of Economic Research, Inc.
- Kopczuk, Wojciech & Boserup, Simon H. & Kreiner, Claus Thustrup, 2016. "Born with a silver spoon? Danish evidence on wealth inequality in childhood," CEPR Discussion Papers 11490, C.E.P.R. Discussion Papers.
- Shenghao Zhu, 2019. "A Becker–Tomes model with investment risk," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 951-981, June.
- Thakurata, Indrajit & D'Souza, Errol, 2018. "Child labour and human capital in developing countries - A multi-period stochastic model," Economic Modelling, Elsevier, vol. 69(C), pages 67-81.
- David Sturrock, 2023. "Wealth and welfare across generations," IFS Working Papers W23/15, Institute for Fiscal Studies.
- Lindsey Macmillan & Emma Tominey, 2023.
"Parental inputs and socio-economic gaps in early child development,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(3), pages 1513-1543, July.
- Macmillan, Lindsey & Tominey, Emma, 2019. "Parental Inputs and Socio-Economic Gaps in Early Child Development," IZA Discussion Papers 12792, Institute of Labor Economics (IZA).
- Lindsey Macmillan & Emma Tominey, 2020. "Parental inputs and socio-economic gaps in early child development," CEPEO Working Paper Series 20-04, UCL Centre for Education Policy and Equalising Opportunities, revised Nov 2021.
- Lindsey Macmillan & Emma Tominey, 2019. "Parental Inputs and Socio-economic Gaps in Early Child Development," Working Papers 2019-065, Human Capital and Economic Opportunity Working Group.
- Elinder, Mikael & Erixson, Oscar & Waldenström, Daniel, 2018.
"Inheritance and wealth inequality: Evidence from population registers,"
Journal of Public Economics, Elsevier, vol. 165(C), pages 17-30.
- Elinder, Mikael & Erixson, Oscar & Waldenström, Daniel, 2015. "Inheritance and wealth inequality: Evidence from population registers," Working Paper Series, Center for Fiscal Studies 2015:3, Uppsala University, Department of Economics.
- Elinder, Mikael & Erixson, Oxcar & Waldenström, Daniel, 2016. "Inheritance and Wealth Inequality: Evidence from Population Registers," Working Paper Series 1121, Research Institute of Industrial Economics.
- Waldenstrom, Daniel & Elinder, Mikael, 2016. "Inheritance and wealth inequality: Evidence from population registers," CEPR Discussion Papers 11191, C.E.P.R. Discussion Papers.
- Elinder, Mikael & Erixson, Oscar & Waldenström, Daniel, 2016. "Inheritance and Wealth Inequality: Evidence from Population Registers," IZA Discussion Papers 9839, Institute of Labor Economics (IZA).
- Nicolas Fleury & Fabrice Gilles, 2015.
"A meta-regression analysis on intergenerational transmission of education: publication bias and genuine empirical effect,"
TEPP Working Paper
2015-02, TEPP.
- Nicolas Fleury & Fabrice Gilles, 2015. "A meta-regression analysis on intergenerational transmission of education: publication bias and genuine empirical effect," Working Papers halshs-01143490, HAL.
- Sonia Bhalotra & Samantha Rawlings, 2013.
"Gradients of the Intergenerational Transmission of Health in Developing Countries,"
The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 660-672, May.
- Sonia Bhalotra & Samantha Rawlings, 2009. "Gradients of the Intergenerational Transmission of Health in Developing Countries," The Centre for Market and Public Organisation 09/218, The Centre for Market and Public Organisation, University of Bristol, UK.
- Bhalotra S & Rawlings S, 2009. "Gradients of the Intergenerational Transmission of Health in Developing Countries," Health, Econometrics and Data Group (HEDG) Working Papers 09/13, HEDG, c/o Department of Economics, University of York.
- Bhalotra, Sonia R. & Rawlings, Samantha, 2009. "Gradients of the Intergenerational Transmission of Health in Developing Countries," IZA Discussion Papers 4353, Institute of Labor Economics (IZA).
- Nayoung Lee & Hyungsik Roger Moon, 2021. "Heterogeneous Income Profiles Model with Fixed Effects: Incorporating Labour Income Shocks," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(6), pages 1377-1407, December.
- Black, Sandra E. & Devereux, Paul J., 2011.
"Recent Developments in Intergenerational Mobility,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 16, pages 1487-1541,
Elsevier.
- Sandra E Black & Paul J Devereux, 2010. "Recent Developments in Intergenerational Mobility," Working Papers 201010, School of Economics, University College Dublin.
- Black, Sandra & Devereux, Paul J., 2010. "Recent Developments in Intergenerational Mobility," CEPR Discussion Papers 7786, C.E.P.R. Discussion Papers.
- Sandra E. Black & Paul J. Devereux, 2010. "Recent Developments in Intergenerational Mobility," NBER Working Papers 15889, National Bureau of Economic Research, Inc.
- Black, Sandra E. & Devereux, Paul J., 2010. "Recent Developments in Intergenerational Mobility," IZA Discussion Papers 4866, Institute of Labor Economics (IZA).
- Sandra E. Black & Paul J. Devereux, 2010. "Recent Developments in Intergenerational Mobility," Working Papers 201025, Geary Institute, University College Dublin.
- Arnaud Lefranc & Alain Trannoy, 2005.
"Intergenerational earnings mobility in France: Is France more mobile than the U.S.?,"
Annals of Economics and Statistics, GENES, issue 78, pages 57-77.
- Arnaud Lefranc & Alain Trannoy, 2004. "Intergenerational earnings mobility in France : Is France more mobile than the US ?," IDEP Working Papers 0401, Institut d'economie publique (IDEP), Marseille, France, revised Feb 2004.
- Arnaud Lefranc & Alain Trannoy, 2005. "Intergenerational Earnings Mobility in France: Is France More Mobile than the US?," Post-Print hal-01651123, HAL.
- Arnaud Lefranc & Alain Trannoy, 2005. "Intergenerational earnings mobility in France : Is France more mobile than the US ?," Post-Print hal-01648166, HAL.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2019.
"Education Policy and Intergenerational Transfers in Equilibrium,"
Journal of Political Economy, University of Chicago Press, vol. 127(6), pages 2569-2624.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2013. "Education Policy and Intergenerational Transfers in Equilibrium," NBER Working Papers 18782, National Bureau of Economic Research, Inc.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2018. "Education policy and intergenerational transfers in equilibrium," IFS Working Papers W18/16, Institute for Fiscal Studies.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2013. "Education Policy and Intergenerational Transfers in Equilibrium," Working Paper series 15_13, Rimini Centre for Economic Analysis.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Gianluca Violante, 2013. "Education Policy and Intergenerational Transfers in Equilibrium," Working Papers 2013-010, Human Capital and Economic Opportunity Working Group.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Gianluca Violante, 2016. "Education policy and intergenerational transfers in equilibrium," IFS Working Papers W16/04, Institute for Fiscal Studies.
- Brant Abbott & Giovanni Gallipoli & Costas Meghir & Gianluca Violante, 2013. "Education policy and intergenerational transfers in equilibrium," IFS Working Papers W13/17, Institute for Fiscal Studies.
- Brant Abbott & Giovanni Gallipoli, 2022.
"Permanent‐income inequality,"
Quantitative Economics, Econometric Society, vol. 13(3), pages 1023-1060, July.
- Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
- Brant Abbott & Giovanni Gallipoli, 2019. "Permanent-Income Inequality," Working Paper 1411, Economics Department, Queen's University.
- Brant Abbott & Giovanni Gallipoli, 2019. "Permanent-Income Inequality," Working Papers 2019-011, Human Capital and Economic Opportunity Working Group.
- Gallipoli, Giovanni & Abbott, Brant, 2019. "Permanent-Income Inequality," CEPR Discussion Papers 13540, C.E.P.R. Discussion Papers.
- Hryshko, Dmytro & Manovskii, Iourii, 2022.
"How much consumption insurance in the U.S.?,"
Journal of Monetary Economics, Elsevier, vol. 130(C), pages 17-33.
- Iourii Manovskii & Dmytro Hryshko, 2017. "How Much Consumption Insurance in the U.S.?," 2017 Meeting Papers 1584, Society for Economic Dynamics.
- Nagasawa, Kenichi, 2020. "Identification and Estimation of Group-Level Partial Effects," The Warwick Economics Research Paper Series (TWERPS) 1243, University of Warwick, Department of Economics.
More about this item
JEL classification:
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2024-05-13 (Business, Economic and Financial History)
- NEP-LAB-2024-05-13 (Labour Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:clefwp:290389. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://clef.uwaterloo.ca/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.