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Title: Does Economic Inequality Constrain Intergenerational Economic Mobility? The Association Between Income Inequality During Childhood and Intergenerational Income Persistence in the United States
Resulting in 1 citation.
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Nam, Jaehyun |
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Does Economic Inequality Constrain Intergenerational Economic Mobility? The Association Between Income Inequality During Childhood and Intergenerational Income Persistence in the United States Social Indicators Research published online (3 January 2021): DOI: 10.1007/s11205-020-02579-2. Also: https://link.springer.com/article/10.1007/s11205-020-02579-2 Cohort(s): NLSY79 Publisher: Springer Keyword(s): Geocoded Data; Income; Intergenerational Patterns/Transmission; Mobility, Economic; Socioeconomic Background; State-Level Data/Policy Permission to reprint the abstract has not been received from the publisher. Using the National Longitudinal Study of Youth 1979, I examine the association between income inequality and intergenerational income mobility in the United States. This study finds that rising income inequality is associated with strengthening the importance of parental family income to child's income. Particularly, the evidence that greater income inequality decreases intergenerational income mobility is clearer when interstate migration problems are addressed. This evidence indicates that income inequality matters since it hinders the equal opportunity to succeed, especially for children from low-income families. If equality of opportunity is a value for policymakers, it provides justification for policy interventions and government efforts to reduce income inequality. A number of sensitivity tests confirm that the main results are robust and reliable. |
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Bibliography Citation
Nam, Jaehyun. "Does Economic Inequality Constrain Intergenerational Economic Mobility? The Association Between Income Inequality During Childhood and Intergenerational Income Persistence in the United States." Social Indicators Research published online (3 January 2021): DOI: 10.1007/s11205-020-02579-2.
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