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Author: Leonard, Max
Resulting in 1 citation.
1. Leonard, Max
Income Mobility in the United States
Park Place Economist 24,1 (2016): 62-68.
Also: http://digitalcommons.iwu.edu/parkplace/vol24/iss1/15/
Cohort(s): NLSY79, NLSY97
Publisher: Digital Commons@ Illinois Wesleyan University (DC@IWU)
Keyword(s): Income; Mobility, Economic; Socioeconomic Background; Undergraduate Research

Permission to reprint the abstract has not been received from the publisher.

This study makes use of the National Longitudinal Survey of Youth (NLSY) in order to examine the relationship between the standard of living one experiences as a youth and their income as an adult. Human capital theory, as well as previous empirical research in economics suggests that as standard of living as a youth increases, future income as an adult should increase as well. The 1979 cohort as well as the 1997 cohort of the NLSY were studied in order to provide insight into how the relationship in question has changed over time. I hypothesize that as standard of living as a youth increases, so too will income as an adult. Furthermore I hypothesize that the level of income mobility will be greater for the 1979 cohort than the 1997 cohort.
Bibliography Citation
Leonard, Max. "Income Mobility in the United States." Park Place Economist 24,1 (2016): 62-68.