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Biases in Standard ...
Biases in Standard Measures of Intergenerational Income Dependence
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- Nybom, Martin (författare)
- Stockholms universitet,Uppsala universitet,Institutet för arbetsmarknadspolitisk utvärdering (IFAU),Stockholm Univ, Swedish Inst Social Res, Stockholm, Sweden,Institutet för social forskning (SOFI),Institute for Evaluation of Labor Market and Education Policy (IFAU), Sweden
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- Stuffier, Jan (författare)
- Univ Carlos III Madrid, Getafe, Spain.;Swedish Inst Social Res, Stockholm, Sweden.
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- Stuhler, Jan (författare)
- Stockholms universitet,Institutet för social forskning (SOFI),Universidad Carlos III de Madrid, Spain
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(creator_code:org_t)
- 2017
- 2017
- Engelska.
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Ingår i: The Journal of human resources. - 0022-166X .- 1548-8004. ; 52:3, s. 800-825
- Relaterad länk:
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https://urn.kb.se/re...
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https://doi.org/10.3...
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Abstract
Ämnesord
Stäng
- Estimates of the most common mobility measure, the intergenerational elasticity, can be severely biased if snapshots are used to approximate lifetime income. However, little is known about biases in other popular dependence measures. Using long Swedish income series, we provide such evidence for log-linear and rank correlations, and rank-based transition probabilities. Attenuation bias is considerably weaker in rank-based measures. Life-cycle bias is strongest in the elasticity, moderate in log-linear correlations, and small in rank-based measures. However; there are important exceptions: persistence in the tails of the distribution is considerably higher and long-distance downward mobility lower than estimates from short-run income suggest.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business (hsv//eng)
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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