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- W1444704346 abstract "This paper contributes to the existing income mobility literature by adopting a two-stage panel regression model, investigating linear and curvilinear trends over time, and assessing the effects of using different levels of occupational disaggregation, different sample compositions, and different earnings measures on the magnitude of father-son earnings elasticity in Australia. We find that the overall intergenerational earnings elasticity in Australia between 2001 and 2013 ranges from 0.11 to 0.30, with evidence of an upward trend. Elasticity estimates are larger using two-digit level occupations and two-sample approach than the estimates using one-digit occupations and one-sample approach, respectively, and earnings volatility has substantial effects on elasticities. We read these findings as indicating that Australia has a moderately high level of income mobility by international standards, and that findings are sensitive to the use of methods and data." @default.
- W1444704346 created "2016-06-24" @default.
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- W1444704346 date "2015-07-01" @default.
- W1444704346 modified "2023-09-26" @default.
- W1444704346 title "Intergenerational Earnings Elasticity Revisited: How Does Australia Fare in Income Mobility?" @default.
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