New Estimates of Intergenerational Mobility in Australia

Mendolia, S; Siminski, P

New Estimates of Intergenerational Mobility in Australia

Mendolia, S

Siminski, P

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Publication Type:: Journal Article
Citation:: Economic Record, 2016, 92 (298), pp. 361 - 373
Issue Date:: 2016-01-01

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Field	Value	Language
dc.contributor.author	Mendolia, S https://orcid.org/0000-0001-8902-6394	en_US
dc.contributor.author	Siminski, P https://orcid.org/0000-0002-3099-8049	en_US
dc.date.issued	2016-01-01	en_US
dc.identifier.citation	Economic Record, 2016, 92 (298), pp. 361 - 373	en_US
dc.identifier.issn	0013-0249	en_US
dc.identifier.uri	http://hdl.handle.net/10453/107614
dc.description.abstract	© 2016 Economic Society of Australia We present new estimates of intergenerational earnings elasticity for Australia. We closely follow the methodology used by Leigh [BE Journal of Economic Analysis & Policy, 7 (2007) 1], but use considerably more data (12 waves of HILDA and four waves of PSID). Our adjusted estimates are intended to be comparable to those for other countries in Corak [Journal of Economic Perspectives, 27 (2013) 79]. Our preferred estimate (0.35) is considerably higher than implied by Leigh's study, and is less subject to sampling variation. In an international context, intergenerational mobility in Australia is not particularly high, and is consistent with its relatively high level of cross-sectional inequality.	en_US
dc.relation.ispartof	Economic Record	en_US
dc.relation.isbasedon	10.1111/1475-4932.12274	en_US
dc.subject.classification	Economics	en_US
dc.title	New Estimates of Intergenerational Mobility in Australia	en_US
dc.type	Journal Article
utslib.citation.volume	298	en_US
utslib.citation.volume	92	en_US
utslib.for	1402 Applied Economics	en_US
utslib.for	14 Economics	en_US
utslib.for	15 Commerce, Management, Tourism and Services	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Economics Discipline
utslib.copyright.status	closed_access
pubs.issue	298	en_US
pubs.publication-status	Published	en_US
pubs.volume	92	en_US

Abstract:

© 2016 Economic Society of Australia We present new estimates of intergenerational earnings elasticity for Australia. We closely follow the methodology used by Leigh [BE Journal of Economic Analysis & Policy, 7 (2007) 1], but use considerably more data (12 waves of HILDA and four waves of PSID). Our adjusted estimates are intended to be comparable to those for other countries in Corak [Journal of Economic Perspectives, 27 (2013) 79]. Our preferred estimate (0.35) is considerably higher than implied by Leigh's study, and is less subject to sampling variation. In an international context, intergenerational mobility in Australia is not particularly high, and is consistent with its relatively high level of cross-sectional inequality.

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http://hdl.handle.net/10453/107614