Direct Measures of Intergenerational Income Mobility for Australia
Silvia Mendolia and
Additional contact information
Chelsea Murray: University of Wollongong
Robert Clark: Australian National University
No 11020, IZA Discussion Papers from Institute of Labor Economics (IZA)
We present the first Australian estimates of intergenerational mobility that draw on direct observations of income from two generations. Using panel data for three birth cohorts of young adults from the Household, Income and Labour Dynamics Australia survey, the estimated intergenerational income elasticity is 0.28. Correcting for attenuation bias raises this to 0.41. We estimate the rank correlation to be 0.27. We show that Australia has greater mobility than the US and this is not sensitive to methodological choices. We also show that spousal selection and family structure may be important determinants of income persistence across generations.
Keywords: Australia; intergenerational mobility; HILDA (search for similar items in EconPapers)
JEL-codes: J62 (search for similar items in EconPapers)
Pages: 37 pages
New Economics Papers: this item is included in nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Published - published in: Economic Record, 2018, 94 (307), 445-68
Downloads: (external link)
Journal Article: Direct Measures of Intergenerational Income Mobility for Australia (2018)
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:iza:izadps:dp11020
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().