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

Dieses Objekt wird bereitgestellt von:
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

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