Economics at your fingertips  

The Decline in Intergenerational Mobility After 1980

, Stone Center, Jonathan Davis () and Bhashkar Mazumder ()
Additional contact information
, Stone Center: The Graduate Center/CUNY

No evfcx, SocArXiv from Center for Open Science

Abstract: We demonstrate that relative intergenerational mobility declined sharply for cohorts born in the early 1960s compared to those born around 1950. The former entered the labor market largely after the large rise in inequality that occurred around 1980 while the latter entered the labor market well before this inflection point. We show that the rank-rank slope rose from 0.24 to 0.36 and the IGE increased from 0.21 to 0.50. We find that both the increase in the returns to schooling and the gradient in the likelihood of marriage by parent income can explain some of the increase in persistence. We also find direct evidence of a decline in absolute intergenerational mobility using intergenerational data, consistent with the bounds-based approach of Chetty et al. (2017). (Stone Center on Socio-Economic Inequality Working Paper)

Date: 2020-03-09
New Economics Papers: this item is included in nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)

Related works:
Working Paper: The Decline in Intergenerational Mobility After 1980 (2022) Downloads
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:

DOI: 10.31219/

Access Statistics for this paper

More papers in SocArXiv from Center for Open Science
Bibliographic data for series maintained by OSF ().

Page updated 2022-08-13
Handle: RePEc:osf:socarx:evfcx