Stochastic monotonicity in intergenerational mobility tables

Dardanoni, V; Fiorini, M; Forcina, A

Stochastic monotonicity in intergenerational mobility tables

Dardanoni, V Fiorini, M

Forcina, A

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Publication Type:: Journal Article
Citation:: Journal of Applied Econometrics, 2012, 27 (1), pp. 85 - 107
Issue Date:: 2012-01-01

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Field	Value	Language
dc.contributor.author	Dardanoni, V	en_US
dc.contributor.author	Fiorini, M https://orcid.org/0000-0002-0496-6940	en_US
dc.contributor.author	Forcina, A	en_US
dc.date.issued	2012-01-01	en_US
dc.identifier.citation	Journal of Applied Econometrics, 2012, 27 (1), pp. 85 - 107	en_US
dc.identifier.issn	0883-7252	en_US
dc.identifier.uri	http://hdl.handle.net/10453/18822
dc.description.abstract	The aim of this paper is to test for stochastic monotonicity in intergenerational socio-economic mobility tables. In other words, we question whether having a parent from a high socio-economic status is never worse than having one with a lower status. Using existing inferential procedures for testing unconditional stochastic monotonicity, we first test a set of 149 intergenerational mobility tables in 35 different countries and find that monotonicity cannot be rejected in hardly any table. In addition, we propose new testing procedures for testing conditional stochastic monotonicity and investigate whether monotonicity still holds after conditioning on a number of covariates such as education, cognitive and non-cognitive skills. Based on the NCDS cohort data from the UK, our results provide evidence that monotonicity holds, even conditionally. Moreover, we do not find large differences in our results when comparing social class and wage class mobility. Copyright © 2010 John Wiley & Sons, Ltd.	en_US
dc.relation.ispartof	Journal of Applied Econometrics	en_US
dc.relation.isbasedon	10.1002/jae.1146	en_US
dc.subject.classification	Econometrics	en_US
dc.title	Stochastic monotonicity in intergenerational mobility tables	en_US
dc.type	Journal Article
utslib.citation.volume	1	en_US
utslib.citation.volume	27	en_US
utslib.for	1403 Econometrics	en_US
utslib.for	1402 Applied Economics	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	1	en_US
pubs.publication-status	Published	en_US
pubs.volume	27	en_US

Abstract:

The aim of this paper is to test for stochastic monotonicity in intergenerational socio-economic mobility tables. In other words, we question whether having a parent from a high socio-economic status is never worse than having one with a lower status. Using existing inferential procedures for testing unconditional stochastic monotonicity, we first test a set of 149 intergenerational mobility tables in 35 different countries and find that monotonicity cannot be rejected in hardly any table. In addition, we propose new testing procedures for testing conditional stochastic monotonicity and investigate whether monotonicity still holds after conditioning on a number of covariates such as education, cognitive and non-cognitive skills. Based on the NCDS cohort data from the UK, our results provide evidence that monotonicity holds, even conditionally. Moreover, we do not find large differences in our results when comparing social class and wage class mobility. Copyright © 2010 John Wiley & Sons, Ltd.

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http://hdl.handle.net/10453/18822