Estimates of intergenerational elasticities based on lifetime earnings

Arbeitspapier

Using Norwegian intergenerational data with a substantial part of the life-cycle earnings of children and almost the entire life-cycle earnings for their fathers, we present new estimates of intergenerational mobility. Extending the length of the fathers' earnings windows from 5 to 30 years increases the estimated elasticities. Increasing the age of father at observation has the opposite effect. Our findings indicate that intergenerational earnings mobility may have been strongly overstated in many earlier studies with shorter earnings histories. Biases in the estimated elasticities appear to be related to age and/or life-cycle measurement errors more than persistency in the transitory innovations.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 3709

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Job, Occupational, and Intergenerational Mobility; Promotion
• Thema: Intergenerational mobility ; measurement error ; Soziale Mobilität ; Generationenbeziehungen ; Familiensoziologie ; Lebenseinkommen ; Norwegen

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Nilsen, Øivind Anti ; Vaage, Kjell ; Aakvik, Arild ; Jacobsen, Karl
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/35083
• URN: urn:nbn:de:101:1-2008101476
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ