Has the Intergenerational Transmission of Economic Status Changed?

Susan Mayer and Leonard M. Lopoo

Journal of Human Resources, 2005, vol. 40, issue 1

Abstract: Only a few studies have tried to estimate the trend in the elasticity of children’s economic status with respect to parents’ economic status, and these studies produce conflicting results. In an attempt to reconcile these findings, we use the Panel Study of Income Dynamics to estimate the trend in the elasticity of son’s income with respect to parental income. Our evidence suggests a nonlinear trend in which the elasticity increased for sons born between 1949 and 1953, and then declined for sons born after that. Thus depending on the time periods one compares, the trend could be upward, downward, or flat. This and other factors help explain the different estimates for the trend in mobility.

Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (60)

Downloads: (external link)
http://jhr.uwpress.org/cgi/reprint/XL/1/169
A subscription is required to access pdf files. Pay per article is available.

Related works:
Working Paper: Has the Intergenerational Transmission of Economic Status Changed? (2004)
Working Paper: Has the Intergenerational Transmission of Economic Status Changed? (2001)
Working Paper: Has the Intergenerational Transmission of Economic Status Changed? (2001)
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:uwp:jhriss:v:40:y:2005:i:1:p169-185

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().