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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 3709

Classification and Topics

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

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Nilsen, Øivind Anti ; Vaage, Kjell ; Aakvik, Arild ; Jacobsen, Karl
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/35083
• URN: urn:nbn:de:101:1-2008101476
• Last update: 10.03.2025, 11:43 AM CET