Nonlinearity in intergenerational income transmission: A cross-country analysis
Maria Berrittella and
Valentino Dardanoni ()
Economic Analysis and Policy, 2016, vol. 52, issue C, 1-10
Abstract:
The aim of this paper is to explore nonlinearity in intergenerational income transmission. We use a set of occupational tables in different countries to test nonlinearity. We also empirically address how policy variables can affect nonlinearity. Our findings suggest that concavity is supported in those societies with less credit constraints, but with more poverty and income inequality; education has an increasing effect on convexity.
Keywords: Becker–Tomes model; Credit constraints; Education; Income inequality; Nonlinearity (search for similar items in EconPapers)
JEL-codes: D31 I24 J62 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:52:y:2016:i:c:p:1-10
DOI: 10.1016/j.eap.2016.06.005
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