Blar i BI Open på forfatter "Hu, Bo"
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Accounting for Individual-Specific Heterogeneity in Intergenerational Income Mobility
Chang, Yoosoon; Durlauf, Steven N.; Hu, Bo; Park, Joon Y. (CAMP Working Paper Series;03/2024, Working paper, 2024-02-21)This paper proposes a fully nonparametric model to investigate the dynamics of intergenerational income mobility for discrete outcomes. In our model, an individual’s income class probabilities depend on parental income in ...