Intergenerational mobility

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 chil...

Descripción completa

Detalles Bibliográficos
Autor: Caballé, Jordi|||0000-0003-0253-5634
Tipo de recurso: artículo
Fecha de publicación:2016
País:España
Institución:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:168602
Acceso en línea:https://ddd.uab.cat/record/168602
https://dx.doi.org/urn:doi:10.1007/s13209-016-0149-2
Access Level:acceso abierto
Palabra clave:Intergenerational mobility
Inherited tastes
Borrowing constraints
Descripción
Sumario: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