Realism over parsimony
Why non-monetary indicators approach intergenerational mobility better than monetary ones
Bibliographic Data
| ID | 6166594 |
|---|---|
| Authors | Pablo Garcés-Velástegui (0000-0002-2058-8193, corresponding author), Pablo Garcés Velástegui |
| Year | 2018 |
| Issue | 81 |
| Pages | 145-170 |
| Publication date | 2018-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Revista Desarrollo y Sociedad (JOURNAL) |
| Journal identifiers | ISSN: 0120-3584 • E-ISSN: 1900-7760 |
| Publisher | Universidad de los Andes (PUBLISHER • VE) |
| DOI | 10.13043/dys.81.4 |
| OpenAlex | W2888085755 |
| Language | EN |
| Citations received | 1 |
| References cited | 45 |
Intergenerational mobility has been studied from two broad perspectives, namely, monetary and non-monetary. The dominant framework by far has been the former. However, it is not evident that monetary approaches are superior to non-monetary ones. In fact, in several respects, the latter shows clear advantages over the former. Hence, this article exposes the virtues and shortcomings that they have on each of the main stages relevant to the conduct of inquiry: conceptualization, data collection, and data analysis. This scrutiny suggests that monetary methodologies privilege parsimony over realism, while non-monetary methodologies do the opposite. In this context, it is argued that moving from elegance (parsimony) to realism is required in order to account for the actual complexity of socio-economic intergenerational mobility
Conceptualization · Context (archaeology · Economics · Epistemology · Political science · Positive economics · Privilege (computing · Realism · Scrutiny · Computer Science · Health disparities and outcomes · History · Income, Poverty, and Inequality · Intergenerational and Educational Inequality Studies · Law · Philosophy · Artificial Intelligence
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2022 - 2022 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |