A Lifecycle Estimator of Intergenerational Income Mobility
Bibliographic Data
| ID | 19316554 |
|---|---|
| Authors | Ursula Mello (0000-0002-7148-4685, Insper), Martin Nybom (0000-0001-8624-0280, IFAU and UCLS), Jan Stuhler (0000-0003-0762-5591, Universidad Carlos III de Madrid) |
| Year | 2025 |
| Pages | 1-44 |
| Publication date | 2025-04-21 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Review of Economics and Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0034-6535 • E-ISSN: 1530-9142 |
| Publisher | MIT Press (PUBLISHER • US) |
| DOI | 10.1162/rest_a_01585 |
| OpenAlex | W4409727725 |
| Language | EN |
| Citations received | 4 |
Lacking lifetime income data, most intergenerational mobility estimates are subject to lifecycle bias. Using long income series from Sweden and the US, we illustrate that standard correction methods struggle to account for one important property of income processes: children from affluent families experience faster income growth, even conditional on their own characteristics. We propose a lifecycle estimator that captures this pattern and performs well across different settings. We apply the estimator to study mobility trends, including for recent cohorts that could not be considered in prior work. Despite rising income inequality, intergenerational mobility remained largely stable in both countries
Econometrics · Economic growth · Economic mobility · Economics · Estimator · Labour economics · Poverty · Statistics · Intergenerational and Educational Inequality Studies · Mathematics
| Citations per year | 4 |
|---|---|
| Citation span | 2025 - 2026 (2) |
| Highly cited | No |