Generational Income Mobility in North America and Europe

Cover......Page 1
Half-title......Page 3
Title......Page 5
Copyright......Page 6
Dedication......Page 7
Contents......Page 9
Figures......Page 11
Tables......Page 12
Contributors......Page 17
Preface......Page 20
1 Generational income mobility in North America and Europe: an introduction......Page 23
1 Major findings......Page 28
2 Theory and an empirical framework......Page 32
3 From theory to measurement......Page 38
4 Country studies......Page 43
5 Causality and policy concerns......Page 48
6 Conclusion......Page 53
References......Page 56
2 A model of intergeneration mobility variation over time and place......Page 60
1 Assumptions......Page 61
2 Family investment behavior......Page 62
3 Implications for steady-state mobility and inequality......Page 63
4 Departures from the steady state......Page 66
References......Page 68
3 Equal opportunity and intergenerational mobility: going beyond intergenerational income transition matrices......Page 70
1 A framework for conceptualizing equality of opportunity......Page 71
2 Equality of opportunity and intergenerational mobility......Page 74
3 Summary......Page 77
References......Page 78
4 Intergenerational mobility for whom? The experience of high- and low-earning sons in international perspective......Page 80
1 The exceptional child: an alternative conception and measure of intergenerational earnings mobility......Page 82
2 Data and methods......Page 86
(a) The United States......Page 92
(b) Canada......Page 94
(c) Germany and the United Kingdom......Page 95
(d) Malaysia......Page 101
(e) First evidence from other countries......Page 103
4 Interpretations and conclusions......Page 107
References......Page 109
5 What do trends in the intergenerational economic mobility of sons and daughters in the United States mean?......Page 112
1 Previous research on intergenerational mobility......Page 116
2 Measuring intergenerational mobility......Page 119
3 Data......Page 120
4 Results......Page 122
5 Conclusions......Page 136
1 Measuring the elasticity......Page 137
2 Variable definitions......Page 139
References......Page 140
6 Changes in intergenerational mobility in Britain......Page 144
1 Related work and modelling questions......Page 146
2 The data......Page 150
3 Estimates of changes in intergenerational mobility......Page 153
4 Conclusions......Page 165
References......Page 166
7 Intergenerational mobility in Britain: new evidence from the British Household Panel Survey......Page 169
1 Background and related literature......Page 171
2 Data and methods......Page 174
2.1 The General Sample......Page 175
2.2 The Matched Sample......Page 179
2.3 Descriptive statistics......Page 183
3.1 Benchmark estimates......Page 186
3.2 Adjusting the estimates for measurement error......Page 189
3.3 Non-linearities and differences by cohort......Page 192
4.1 Earnings mobility......Page 200
5 Conclusion......Page 203
References......Page 209
8 Non-linear patterns of intergenerational mobility in Germany and the United States......Page 212
1 Literature review......Page 214
2 Data......Page 216
4 Results......Page 220
5 Conclusion......Page 226
References......Page 227
9 Family structure and labor market success: the influence of siblings and birth order on the earnings of young adults in Norway, Finland, and Sweden......Page 229
1 An overview of the data......Page 232
2 Family structure and the level of earnings......Page 235
3 Family structure and sibling correlations......Page 239
4 Conclusions......Page 243
Estimator of the correlation in sibling earnings......Page 245
References......Page 246
10 New evidence on the intergenerational correlation in welfare participation......Page 248
1 Estimating intergenerational correlations in welfare participation......Page 250
2 Potential biases......Page 252
3 Changes in the intergenerational correlation over time......Page 258
4 Conclusion......Page 263
References......Page 265
11 Intergenerational influences on the receipt of unemployment insurance in Canada and Sweden......Page 267
1 An overview......Page 269
2 Nature of the data and methodology......Page 275
3 Results......Page 280
4 Conclusion......Page 301
References......Page 307
1 The economics and sociology of social inheritance......Page 311
2 The mechanisms of intergenerational transmission......Page 316
3 Public policy and equality of opportunity......Page 327
4 Conclusion......Page 331
References......Page 332
Index......Page 337