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Title: Black-White Differences in Inter-Generational Economic Mobility in the U.S.
Resulting in 1 citation.
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Mazumder, Bhashkar |
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Black-White Differences in Inter-Generational Economic Mobility in the U.S. Economic Perspectives 38,1 (2014):. Also: https://www.chicagofed.org/digital_assets/publications/economic_perspectives/2014/1Q2014_part1_mazumder.pdf Cohort(s): NLSY79 Publisher: Federal Reserve Bank of Chicago Keyword(s): Armed Forces Qualifications Test (AFQT); Disadvantaged, Economically; Income Distribution; Intergenerational Patterns/Transmission; Mobility, Economic; Racial Differences; Social Security; Survey of Income and Program Participation (SIPP); Wage Gap; Wealth Permission to reprint the abstract has not been received from the publisher. In this study, I attempt to advance our understanding along several dimensions. First, I use two data sets containing larger intergenerational samples than have been used in the previous literature. One of the data sets matches individuals in the U.S. Census Bureau's Survey of Income and Program Participation (SIPP) to administrative earnings records from the Social Security Administration (SSA). This matched data set provides many more years of data on parents' earnings than most surveys and is likely to be less prone to measurement error, since it is derived from tax records. In addition, the SIPP contains data on key characteristics of the parents, such as wealth levels and marital history. The other data source I use is the U.S. Bureau of Labor Statistics' National Longitudinal Survey of Youth (NLSY). In addition to containing a rich array of information as children transition from adolescence to adulthood, such as test scores and personality traits, the NLSY also measures total family income in both generations, giving it an advantage over the SIPP. Using a measure of economic status that includes the income of the spouse avoids selecting only women who participate in the labor market. |
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Bibliography Citation
Mazumder, Bhashkar. "Black-White Differences in Inter-Generational Economic Mobility in the U.S." Economic Perspectives 38,1 (2014):.
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