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A Group-Specific Measure of Intergenerational Persistence

Tom Hertz

No 2007-16, Working Papers from American University, Department of Economics

Abstract: This paper outlines a decomposition technique that allows for inter-group comparisons of intergenerational persistence in economic status, for groups whose means are different. It takes account of both within- and between-group sources of the covariance of parents’ and children’s outcomes, and yields results that are quite different, and arguably more meaningful, than the simple comparison of within-group regression estimates.

Keywords: Intergenerational mobility; between-group decomposition (search for similar items in EconPapers)
JEL-codes: J62 (search for similar items in EconPapers)
Date: 2007-07

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http://www.american.edu/academic.depts/cas/econ/workingpapers/2007-16.pdf First version, 2007 (application/pdf)

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