Intergenerational mobility and the rise and fall of inequality: Lessons from Latin America
Guido Neidhöfer ()
No 18-049, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research
Countries with high income inequality also show a strong association between parents' and children's economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between-country and within-country setup; using harmonized micro data from 18 Latin American countries, spanning multiple cohorts. It is shown that experiencing higher income inequality in childhood is associated with lower intergenerational mobility measured in adulthood. Following the same methodology, the influence of economic growth and public education is evaluated: both are positively, significantly, and substantially associated with intergenerational mobility.
Keywords: Inequality; Intergenerational Mobility; Equality of Opportunity; Human Capital; Growth; Development; Public Education; Great Gatsby Curve; Latin America (search for similar items in EconPapers)
JEL-codes: D63 I24 J62 O15 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev, nep-gro, nep-lab and nep-lam
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Working Paper: Intergenerational Mobility and the Rise and Fall of Inequality: Lessons from Latin America (2016)
Working Paper: Intergenerational mobility and the rise and fall of inequality: Lessons from Latin America (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:18049
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