Intergenerational Persistence in Income and Social Class: The Impact of Within-Group Inequality

Joanne Blanden, Paul Gregg and Lindsey Macmillan ()

The Centre for Market and Public Organisation from The Centre for Market and Public Organisation, University of Bristol, UK

Abstract: Family income is found to be more closely related to sons' earnings for those born in 1970 compared to those born in 1958. This result is in stark contrast to the finding on the basis of social class; intergenerational mobility for this outcome is found to be unchanged. We set up a formal framework which relates mobility in measured family income/earnings to mobility in social class. Building on this framework we then test a number of hypotheses to explain the difference between the trends. We reject Erikson and Goldthorpe’s (2009) assertion that the divergent results are driven by the poorer measure of permanent family income in the 1958. Instead we find evidence of an increase in the intergenerational persistence of the permanent component of income that is unrelated to social class.

Keywords: Intergenerational mobility; Earnings; social class (search for similar items in EconPapers)
JEL-codes: D31 I2 J62 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2010-03
New Economics Papers: this item is included in nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Working Paper: Intergenerational Persistence in Income and Social Class: The Impact of Within-Group Inequality (2013)
Working Paper: Intergenerational Persistence in Income and Social Class: The Impact of Within-Group Inequality (2011)
Working Paper: Intergenerational Persistence in Income and Social Class: The Impact of Within-Group Inequality (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:bri:cmpowp:10/230

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