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Source: Journal for Economic Educators
Resulting in 1 citation.
1. Hooper, Zol Alexei
Eff, E. Anthon
Social Mobility in the United States as a Markov Process
Journal for Economic Educators 8,1 (Spring 2008): 15-37.
Also: http://mtsu.edu/~jee/pdf/MS307pp15-37.pdf
Cohort(s): Children of the NLSY79, NLSY79
Publisher: Journal for Economic Educators
Keyword(s): Educational Attainment; Family Structure; Household Structure; Intergenerational Patterns/Transmission; Markov chain / Markov model; Mobility, Social; Occupational Prestige; Undergraduate Research

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

Previous research on intergenerational mobility in income, occupation, or social class as a Markov process typically uses regression models to analyze cross-sectional data. In this paper we draw data from the National Longitudinal Survey of Youth (NLSY) to build Markov transition states, producing a set of stylized facts from these longitudinal data. We derive the probabilities that children will repeat the occupational, educational, or child-raising choices of their parents. This gives us insight into how such lifestyle choices are vertically transmitted from parents to children, and the degree of persistence of these choices over the generations.
Bibliography Citation
Hooper, Zol Alexei and E. Anthon Eff. "Social Mobility in the United States as a Markov Process." Journal for Economic Educators 8,1 (Spring 2008): 15-37.