Intergenerational Income Mobility: An Analysis based on JHPS Second Generation Supplement

Hideo Akabayashi and Michio Naoi

No 2021-007, Keio-IES Discussion Paper Series from Institute for Economics Studies, Keio University

Abstract: We estimate the intergenerational elasticity of income using the JHPS Second Generation Supplement. The estimates of intergenerational elasticity of income ranged from 0.26 to 0.29. The intergenerational elasticity of income is greater for men than for women. Controlling the educational background of the offspring reduces the elasticity of the male sample, but has no clear effect for the female sample. The cohabitation with parents and the proximity of parents and children work to increase the intergenerational elasticity of income. The intergenerational elasticity is greater for the sample whose parents used to live in large cities.

Keywords: income; intergenerational mobility; education; parent-child survey (search for similar items in EconPapers)
JEL-codes: D12 D31 J62 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2021-03-31
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Persistent link: https://EconPapers.repec.org/RePEc:keo:dpaper:2021-007

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