Measuring absolute income mobility: lessons from North America and Europe
Robert Manduca,
Maximilian Hell,
Adrian Adermon,
Jo Blanden,
Espen Bratberg,
Anne C. Gielen,
Hans Van Kippersluis,
Keun Bok Lee,
Stephen Machin,
Martin D. Munk,
Martin Nybom,
Yuri Ostrovsky,
Sumaiya Rahman and
Outi Sirnio
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
Abstract:
We use linked parent–child administrative data for five countries in North America and Europe, as well as detailed survey data for two more, to investigate methodological challenges in the estimation of absolute income mobility. We show that the commonly used “copula and marginals” approximation methods perform well across countries in our sample, and the greatest challenges to their accuracy stem not from assumptions about relative mobility rates over time but from the use of nonrepresentative marginal income distributions. We also provide a multicountry analysis of sensitivity to specification decisions related to age of income measurement, income concept, family structure, and price index.
Keywords: Consolidator grant ERC-2013-CoG-617965 (Sirniö). Page 1 of 130; 724363 (search for similar items in EconPapers)
JEL-codes: D31 E24 J62 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2024-04-01
New Economics Papers: this item is included in nep-eec and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Published in American Economic Journal: Applied Economics, 1, April, 2024, 16(2), pp. 1 - 30. ISSN: 1945-7782
Downloads: (external link)
http://eprints.lse.ac.uk/122124/ Open access version. (application/pdf)
Related works:
Journal Article: Measuring Absolute Income Mobility: Lessons from North America and Europe (2024) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:122124
Access Statistics for this paper
More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().