American Economic Journal:
Applied Economics
ISSN 1945-7782 (Print) | ISSN 1945-7790 (Online)
The Long-Run Evolution of Absolute Intergenerational Mobility
American Economic Journal: Applied Economics
vol. 14,
no. 3, July 2022
(pp. 61–83)
Abstract
This paper combines cross-sectional and longitudinal income data to present the evolution of absolute intergenerational income mobility in ten advanced economies in the twentieth century. Absolute mobility decreased during the second half of the twentieth century in all of these countries. Increasing income inequality and decreasing growth rates have both contributed to the decrease, yet growth is the dominant contributor in most countries. We show that detailed panel data are effectively unnecessary for estimating absolute mobility over the long run.Citation
Berman, Yonatan. 2022. "The Long-Run Evolution of Absolute Intergenerational Mobility." American Economic Journal: Applied Economics, 14 (3): 61–83. DOI: 10.1257/app.20200631Additional Materials
JEL Classification
- D31 Personal Income, Wealth, and Their Distributions
- J62 Job, Occupational, and Intergenerational Mobility; Promotion
- N30 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: General, International, or Comparative
There are no comments for this article.
Login to Comment