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Sudden Stops in Social Mobility: Intergenerational Mobility in Chile

Claudio Sapelli

No 400, Documentos de Trabajo from Instituto de Economia. Pontificia Universidad Católica de Chile.

Abstract: We estimate the evolution of intergenerational mobility of education in Chile for synthetic cohorts born between 1930 and 1978. The correlation coefficient between children and parent education falls from 0.67 for the cohort born in 1930 to 0.41 for that born in 1956, a process of improvement that suddenly stops, followed by stagnation. We find that the stagnation is explained by the effect on tertiary education coverage of low incomes when the children were born (long-run credit constraints) and the restrictions to the supply side of tertiary education (that had a particularly strong effect on children from less educated parents) during the late seventies and early eighties.

Keywords: Intergenerational mobility; synthetic cohorts; education (search for similar items in EconPapers)
JEL-codes: I20 J62 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-lab and nep-lam
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:doctra:400

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