Family Background, Intergenerational Mobility, and Earnings Distribution: Evidence from the United States
Ramses Abul Naga
Swiss Journal of Economics and Statistics (SJES), 1998, vol. 134, issue IV, 527-543
Abstract:
An emerging literature in the field of income distribution suggests that inequality may persist in the long run. U.S. father and son income data extracted from the PSID support the hypothesis that the distribution of earnings of children raised in privileged environments welfare-dominates that of children of disadvantaged backgrounds. We provide the following explanations for this finding: (i) children raised in privileged backgrounds tend to have higher average earnings and more equally distributed incomes than children originated from disadvantaged environments, (ii) class inheritance is substantial for the less privileged group. On the whole though, the probability matrix of intergenerational earnings mobility exhibits a pattern of symmetry with transitions from class i to class j equally likely as movements from class j to class i.
Date: 1998
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sjes.ch/papers/1998-IV-3.pdf (application/pdf)
Related works:
Working Paper: Family Background, Intergenerational Mobility, and Earnings Distribution: Evidence from the United States (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ses:arsjes:1998-iv-3
Access Statistics for this article
Swiss Journal of Economics and Statistics (SJES) is currently edited by Marius Brülhart
More articles in Swiss Journal of Economics and Statistics (SJES) from Swiss Society of Economics and Statistics (SSES) Contact information at EDIRC.
Bibliographic data for series maintained by Kurt Schmidheiny ().