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Another problem in the estimation of intergenerational income mobility

Sean Muller

Economics Letters, 2010, vol. 108, issue 3, 291-295

Abstract: The current econometric model of intergenerational income mobility is premised on a simplified notion of permanent income. Analytical results and empirical evidence suggest that estimates are not robust to failure of this assumption.

Keywords: Intergenerational; mobility; Income; mobility; Permanent; income; Early; childhood; development (search for similar items in EconPapers)
Date: 2010
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Handle: RePEc:eee:ecolet:v:108:y:2010:i:3:p:291-295