Arbeitspapier
Direct Measures of Intergenerational Income Mobility for Australia
We present the first Australian estimates of intergenerational mobility that draw on direct observations of income from two generations. Using panel data for three birth cohorts of young adults from the Household, Income and Labour Dynamics Australia survey, the estimated intergenerational income elasticity is 0.28. Correcting for attenuation bias raises this to 0.41. We estimate the rank correlation to be 0.27. We show that Australia has greater mobility than the US and this is not sensitive to methodological choices. We also show that spousal selection and family structure may be important determinants of income persistence across generations.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 11020
- Klassifikation
-
Wirtschaft
Job, Occupational, and Intergenerational Mobility; Promotion
- Thema
-
intergenerational mobility
Australia
HILDA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Murray, Chelsea
Clark, Robert
Mendolia, Silvia
Siminski, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Murray, Chelsea
- Clark, Robert
- Mendolia, Silvia
- Siminski, Peter
- Institute of Labor Economics (IZA)
Entstanden
- 2017