Abstract
We estimate the intergenerational elasticity (IGE) of income for the Netherlands using complete population data for around 177,000 28-year olds. We find that IGEs are much lower when actual individual income data are used rather than proxies or aggregates for income. Though low, daughters’ IGEs are higher than sons’ indicating lower income mobility for women.
Original language | English |
---|---|
Article number | 108996 |
Journal | Economics Letters |
Volume | 189 |
Early online date | 30 Jan 2020 |
DOIs | |
Publication status | Published - Apr 2020 |
Bibliographical note
Funding Information:Stanley Siebert and Marco Ercolani gratefully acknowledge Quality Outputs Support Scheme funding from University of Birmingham.Ceren Ozgen gratefully acknowledges the Marie-Sklodowska Curie Individual Grant for MAStErS project (H2020-MSCA-IF-2015, No. 705366) from the European Commission. Statistics Netherlands kindly provided access to the data under their confidentiality agreement and the data are subject to Special Access conditions.
Publisher Copyright:
© 2020 Elsevier B.V.
Keywords
- Equality of opportunity
- Great Gatsby curve
- Income
- Intergenerational elasticity
- Intergenerational mobility
- Netherlands
ASJC Scopus subject areas
- Finance
- Economics and Econometrics