G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19844
来源IDWorking Paper 19844
Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility
Raj Chetty; Nathaniel Hendren; Patrick Kline; Emmanuel Saez; Nicholas Turner
发表日期2014-01-23
出版年2014
语种英语
摘要We present new evidence on trends in intergenerational mobility in the U.S. using administrative earnings records. We find that percentile rank-based measures of intergenerational mobility have remained extremely stable for the 1971-1993 birth cohorts. For children born between 1971 and 1986, we measure intergenerational mobility based on the correlation between parent and child income percentile ranks. For more recent cohorts, we measure mobility as the correlation between a child's probability of attending college and her parents' income rank. We also calculate transition probabilities, such as a child's chances of reaching the top quintile of the income distribution starting from the bottom quintile. Based on all of these measures, we find that children entering the labor market today have the same chances of moving up in the income distribution (relative to their parents) as children born in the 1970s. However, because inequality has risen, the consequences of the "birth lottery" - the parents to whom a child is born - are larger today than in the past.
主题Public Economics ; Labor Economics
URLhttps://www.nber.org/papers/w19844
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577518
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GB/T 7714
Raj Chetty,Nathaniel Hendren,Patrick Kline,et al. Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility. 2014.
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