Moving Towards Estimating Sons' Lifetime Intergenerational Economic Mobility in the UK

Moving Towards Estimating Sons' Lifetime Intergenerational Economic Mobility in the UK
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走向估计英国儿子一生的代际经济流动性

DOI:
10.1111/obes.12146
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发表时间:
2016
影响因子:
2.5
通讯作者:
Gregg P
Gregg P
中科院分区:
经济学3区
文献类型:
--
作者:
Gregg P

文献摘要

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使用收入和收益的时间点计量方法对代际经济流动性进行估计,存在生命周期和衰减偏差。他们还遭受样本选择问题和进一步的偏见驱动的法术了工作。我们认为这些问题一起为英国的数据,国家儿童发展研究和英国队列研究,第一次。当所有这三个偏见都被考虑在内时,我们对英国1970年出生的孩子的终身代际经济持续性的最佳估计是0.43。虽然我们认为这是迄今为止最好的估计,我们讨论了为什么有很好的理由相信,这仍然是一个下限,由于残余衰减偏差。
Estimates of intergenerational economic mobility that use point in time measures of income and earnings suffer from lifecycle and attenuation bias. They also suffer from sample selection issues and further bias driven by spells out of work. We consider these issues together for UK data, the National Child Development Study and British Cohort Study, for the first time. When all three biases are considered, our best estimate of lifetime intergenerational economic persistence in the UK is 0.43 for children born in 1970. Whilst we argue that this is the best available estimate to date, we discuss why there is good reason to believe that this is still a lower bound, owing to residual attenuation bias.