One size doesn’t fit all: a quantile analysis of intergenerational income mobility in the U.S. (1980–2010)
Juan C. Palomino (),
Gustavo Marrero () and
Juan Rodríguez ()
Additional contact information
Juan C. Palomino: Universidad Complutense de Madrid
The Journal of Economic Inequality, 2018, vol. 16, issue 3, 347-367
Abstract Conventional wisdom and previous literature suggest that economic mobility is lower at the tails of the income distribution. However, the few studies that have estimated intergenerational income elasticity (IGE) at different points of the distribution in the U.S. were limited by small samples, arrived at disparate results, and had not estimated the trend of elasticity over time. Using the PSID database, a large sample of income observations in the 1980–2010 period for the U.S. is built, which allows us to obtain robust quantile estimates of the IGE both for the pooled sample and for each wave. For the pooled sample, the IGE shows a U-shaped relation with the income distribution, with higher values at the tails (0.64 at the tenth percentile and 0.48 at the ninety-fifth percentile) and a minimum value –highest mobility- of 0.38 at the seventieth percentile. The trend evolution of the IGE also varies across the income distribution: at the lower and mid quantiles, income mobility increased during the 80s and 90s but declined in the 00s, while for the higher quantiles it remained relatively stable along the whole period. Finally, the impact of education and race on mobility is evaluated. Both factors are found to be important and related to the position at the income distribution.
Keywords: Intergenerational mobility; Income elasticity; Quantile regression (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10888-017-9372-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Journal Article: One size doesn’t fit all: a quantile analysis of intergenerational income mobility in the U.S. (1980–2010) (2018)
Working Paper: One size doesn't fit all: A quantile analysis of intergenerational income mobility in the US (1980-2010) (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:joecin:v:16:y:2018:i:3:d:10.1007_s10888-017-9372-8
Ordering information: This journal article can be ordered from
Access Statistics for this article
The Journal of Economic Inequality is currently edited by Stephen Jenkins
More articles in The Journal of Economic Inequality from Springer, Society for the Study of Economic Inequality Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().