A note on the rate of intergenerational convergence of earnings

Citation
Er. Eide et Mh. Showalter, A note on the rate of intergenerational convergence of earnings, J POP ECON, 13(1), 2000, pp. 159-162
Citations number
4
Categorie Soggetti
Economics
Journal title
JOURNAL OF POPULATION ECONOMICS
ISSN journal
09331433 → ACNP
Volume
13
Issue
1
Year of publication
2000
Pages
159 - 162
Database
ISI
SICI code
0933-1433(200002)13:1<159:ANOTRO>2.0.ZU;2-B
Abstract
We show that "convergence" to mean earnings in intergenerational earnings m obility models will be a function not only of the single-generation correla tion of earnings, but also of the properties of the unobserved stochastic d istribution of shocks to earnings. JEL classification: J62.