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Title: Nonlinearities in Intergenerational Earnings Mobility: Consequences for Cross-Country Comparisons
Resulting in 1 citation.
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Bratsberg, Bernt Roed, Knut Raaum, Oddbjorn Naylor, Robin Jantti, Markus Eriksson, Tor Osterbacka, Eva |
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Nonlinearities in Intergenerational Earnings Mobility: Consequences for Cross-Country Comparisons Economic Journal 117,519 (March 2007), C72-C92. Also: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0297.2007.02036.x Cohort(s): NLSY79 Publisher: Royal Economic Society (RES) Keyword(s): Britain, British; Cross-national Analysis; Denmark, Danish; Educational Attainment; Family Background and Culture; Fathers and Sons; Finland, Finnish; Income Dynamics/Shocks; Intergenerational Patterns/Transmission; Mobility; NCDS - National Child Development Study (British); Norway, Norwegian; Panel Study of Income Dynamics (PSID) Permission to reprint the abstract has not been received from the publisher. We show that the patterns of intergenerational earnings mobility in Denmark, Finland and Norway, unlike those for the US and the UK, are highly nonlinear. The Nordic relationship between log earnings of sons and fathers is flat in the lower segments of the fathers earnings distribution – sons growing up in the poorest households have the same adult earnings prospects as sons in moderately poor households – and is increasingly positive in middle and upper segments. This convex pattern contrasts sharply with our findings for the US and the UK, where the relationship is much closer to being linear. As a result, cross-country comparisons of intergenerational earnings elasticities may be misleading with respect to transmission mechanisms in the central parts of the earnings distribution and uninformative in the tails of the distribution. |
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Bibliography Citation
Bratsberg, Bernt, Knut Roed, Oddbjorn Raaum, Robin Naylor, Markus Jantti, Tor Eriksson and Eva Osterbacka. "Nonlinearities in Intergenerational Earnings Mobility: Consequences for Cross-Country Comparisons ." Economic Journal 117,519 (March 2007), C72-C92.
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