Intergenerational mobility in lifetime income

Moshe Justman and Hadas Stiassnie ()
Additional contact information
Hadas Stiassnie: Ben Gurion University

No 522, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: The two-stage approach to estimating intergenerational income mobility from panel data, proposed here, reduces age-related attenuation error and measurement error. The first stage estimates parents' and children's lifetime family income from linked longitudinal; the second stage uses these estimates to derive measures of absolute, relative and rank mobility. Applying this to United States PSID data, for sons born between 1952 and 1981 and their fathers, we find multiple indications of a decline in intergenerational mobility. This approach is robust to the addition of new data, and can be applied to improve the accuracy of mobility estimates derived from snapshot data.

Keywords: KEYWORDS; KEYWORDS. (search for similar items in EconPapers)
Pages: 51 pages
Date: 2020-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.ecineq.org/milano/WP/ECINEQ2020-522.pdf (application/pdf)

Related works:
Journal Article: Intergenerational Mobility in Lifetime Income (2021)
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:inq:inqwps:ecineq2020-522

Access Statistics for this paper

More papers in Working Papers from ECINEQ, Society for the Study of Economic Inequality Contact information at EDIRC.
Bibliographic data for series maintained by Maria Ana Lugo ( this e-mail address is bad, please contact ).