 Rising Inequality, Declining Mobility: The Evolution of Intergenerational Mobility in Germany Abstract: This paper is the first to show that intergenerational income mobility in Germany has decreased over time. We estimate intergenerational persistence for the birth cohorts 1968-1987 and find that it rises sharply for cohorts born in the late 1970s and early 1980s, after which it stabilizes at a higher level. As a step towards understanding the mechanisms behind this increase, we show that parental income has become more important for educational outcomes of children. Moreover, we show that the increase in intergenerational persistence coincided with a surge in crosssectional income inequality, providing novel evidence for an “Intertemporal Great Gatsby Curveâ€Julia Baarck,
Moritz Bode and
Andreas Peichl
No 25-15, CEBI working paper series from University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Keywords: Intergenerational Mobility; Social Mobility; Income; Education; Inequality. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:kud:kucebi:2515 Access Statistics for this paper More papers in CEBI working paper series from University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Oester Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark. Contact information at EDIRC. |
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