Browsing BI Research Centre's Series by Subject "intergenerational income mobility"
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Accounting for Individual-Specific Heterogeneity in Intergenerational Income Mobility
(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. In our model, an individual’s income class probabilities depend on parental income in a manner that accommodates ...