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Source: Department of Economics, Oxford University
Resulting in 1 citation.
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Bhattacharya, Debopam Mazumder, Bhashkar |
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A Nonparametric Analysis of Black-White Differences in Intergenerational Income Mobility in the United States University of Oxford Working Paper, Department of Economics, Oxford University, March 22, 2011 Cohort(s): NLSY79 Publisher: Department of Economics, Oxford University Keyword(s): Armed Forces Qualifications Test (AFQT); Disadvantaged, Economically; Earnings; Income Distribution; Intergenerational Patterns/Transmission; Mobility, Economic; Modeling, Nonparametric Regression; Racial Differences; Wage Gap Permission to reprint the abstract has not been received from the publisher. Lower intergenerational income mobility for blacks is a likely cause behind the persistent inter-racial gap in economic status in the US. However, few studies have analyzed black-white differences in intergenerational income mobility and the factors that determine these differences. This is largely due to the absence of appropriate methodological tools. We develop nonparametric methods to estimate the effects of covariates on two measures of mobility. We first consider the traditional transition probability of movement across income quantiles. We then introduce a new measure of upward mobility which is the probability that an adult child's relative position exceeds that of the parents. Conducting statistical inference on these mobility measures and the effects of covariates on them requires nontrivial modifications of standard nonparametric regression theory since the dependent variables are nonsmooth functions of marginal quantiles or relative ranks. Using NLSY data, we document that blacks experience much less upward mobility across generations than whites. Applying our new methodological tools, we find that most of this gap can be accounted for by differences in cognitive skills during adolescence. |
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Bibliography Citation
Bhattacharya, Debopam and Bhashkar Mazumder. "A Nonparametric Analysis of Black-White Differences in Intergenerational Income Mobility in the United States." University of Oxford Working Paper, Department of Economics, Oxford University, March 22, 2011. |