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Title: The Decline in Intergenerational Mobility After 1980
Resulting in 1 citation.
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Davis, Jonathan Mazumder, Bhashkar |
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The Decline in Intergenerational Mobility After 1980 Presented: Chicago IL, American Economic Association Annual Meeting, January 2017 Cohort(s): Mature Women, NLSY79, Older Men, Young Men, Young Women Publisher: American Economic Association Keyword(s): Family Income; Intergenerational Patterns/Transmission; Mobility, Economic Permission to reprint the abstract has not been received from the publisher. We present new evidence using National Longitudinal Surveys (NLS) which shows a sharp decline in intergenerational mobility across cohorts born between 1942 and 1953 compared to those born between 1957 and 1964. The former entered the labor market prior to the large rise in inequality that occurred around 1980 while the latter cohorts entered the labor market largely after this inflection point in inequality. We show that the rank-rank slope rose from 0.27 to 0.4 and the IGE rose from 0.35 to 0.52 across these two cohort groups. The share of children whose income exceeds that of their parents fell by about 4 percentage points. These findings suggest that relative mobility fell by substantially more than absolute mobility. |
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Bibliography Citation
Davis, Jonathan and Bhashkar Mazumder. "The Decline in Intergenerational Mobility After 1980." Presented: Chicago IL, American Economic Association Annual Meeting, January 2017. |