Intergenerational mobility: Measurement and the role of borrowing constraints and inherited tastes

Jordi Caballé

doi:10.1007/s13209-016-0149-2

Intergenerational mobility: Measurement and the role of borrowing constraints and inherited tastes

Jordi Caballé

Research output: Contribution to journal › Article › Research › peer-review

6 Citations (Scopus)

Abstract

In this paper, I present some popular measures of mobility in economic outcomes within a family across generations. I also discuss two of the most important factors preventing intergenerational mobility: existence of financially constrained individuals and transmission of tastes from parents to children. Finally, I show how these two factors could give raise to dramatic reversals of fortune affecting successive generations of the same dynasty. I will cast the results of the different models I use in terms of the previous measures of intergenerational mobility.

Original language	English
Pages (from-to)	393-420
Number of pages	28
Journal	SERIEs
Volume	7
Issue number	4
DOIs	https://doi.org/10.1007/s13209-016-0149-2
Publication status	Published - 1 Nov 2016

Keywords

Borrowing constraints
Inherited tastes
Intergenerational mobility

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10.1007/s13209-016-0149-2

https://ddd.uab.cat/record/168602

Cite this

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title = "Intergenerational mobility: Measurement and the role of borrowing constraints and inherited tastes",

abstract = "In this paper, I present some popular measures of mobility in economic outcomes within a family across generations. I also discuss two of the most important factors preventing intergenerational mobility: existence of financially constrained individuals and transmission of tastes from parents to children. Finally, I show how these two factors could give raise to dramatic reversals of fortune affecting successive generations of the same dynasty. I will cast the results of the different models I use in terms of the previous measures of intergenerational mobility.",

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AB - In this paper, I present some popular measures of mobility in economic outcomes within a family across generations. I also discuss two of the most important factors preventing intergenerational mobility: existence of financially constrained individuals and transmission of tastes from parents to children. Finally, I show how these two factors could give raise to dramatic reversals of fortune affecting successive generations of the same dynasty. I will cast the results of the different models I use in terms of the previous measures of intergenerational mobility.

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KW - Inherited tastes

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Intergenerational mobility: Measurement and the role of borrowing constraints and inherited tastes

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Keywords

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Análisis macroeconómico del mercado de trabajo

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Intergenerational mobility: Measurement and the role of borrowing constraints and inherited tastes

Abstract

Keywords

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Análisis macroeconómico del mercado de trabajo

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