Intergenerational mobility: measurement and the role of borrowing constraints and inherited tastes

Abstract In this paper, I present some popular measures of mobility in economic outcomes within a family across generations. I also discuss two of the most important factors preventing intergenerational mobility: existence of financially constrained individuals and transmission of tastes from parent...

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Bibliographic Details
Main Author: Jordi Caballé
Format: Article
Language:English
Published: SpringerOpen 2016-09-01
Series:SERIEs: Journal of the Spanish Economic Association
Subjects:
Online Access:http://link.springer.com/article/10.1007/s13209-016-0149-2