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ERIC Number: EJ782759
Record Type: Journal
Publication Date: 2008
Pages: 34
Abstractor: Author
Reference Count: 46
ISBN: N/A
ISSN: ISSN-0022-166X
Intergenerational Economic Mobility in the United States, 1940 to 2000
Aaronson, Daniel; Mazumder, Bhashkar
Journal of Human Resources, v43 n1 p139-172 Win 2008
We estimate trends in intergenerational economic mobility by matching men in the Census to synthetic parents in the prior generation. We find that mobility increased from 1950 to 1980 but has declined sharply since 1980. While our estimator places greater weight on location effects than the standard intergenerational coefficient, the size of the bias appears to be small. Our preferred results suggest that earnings are regressing to the mean more slowly now than at any time since World War II, causing economic differences between families to become more persistent. However, current rates of positional mobility appear historically normal. (Contains 4 tables, 15 figures, and 38 footnotes.)
University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A