 Intergenerational Earnings Inequality: New Evidence From ItalyTeresa Barbieri, Francesco Bloise and Michele Raitano Review of Income and Wealth, 2020, vol. 66, issue 2, 418-443 Abstract: Using an innovative dataset built by merging survey and administrative data, we provide new estimates of intergenerational earnings’ inequality between fathers and sons in Italy, extending previous evidence in several directions. We rely on the TSTSLS method to predict fathers’ earnings and compute intergenerational elasticities and imputed rank–rank slopes, trying to reduce estimation biases. Confirming previous evidence, we find that Italy is characterized by a high intergenerational inequality in cross‐country comparison. Extending previous analyses, we show that the intergenerational association increases when sons at older ages and multi‐annual averages of pseudo‐fathers’ and sons’ earnings are considered. We also find that the intergenerational persistence differs across geographical macro‐areas and is high also for daughters, especially when family earnings are considered. Furthermore, estimates where possible mediating factors of the parental influence are included among the covariates show that a high intergenerational association persists when sons’ education and occupation are controlled for. Date: 2020 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:66:y:2020:i:2:p:418-443 Ordering information: This journal article can be ordered from Access Statistics for this article Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC. |
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