Generational Income Mobility in North America and Europe

by Edited by Miles Corak

• ISBN13: 9780521827607
• ISBN10: 0521827604
• Format: Hardcover
• Copyright: 2004-12-27
• Publisher: Cambridge University Press

Summary

Labour markets in North America and Europe have changed tremendously in the face of increased globalization and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, how it has changed through time, and the impact of government policy. In so doing, they extend the analytical tool kit used in the study of generational mobility, and offer insights for not only the conduct of future research but also directions for policies dealing with equality of opportunity and child poverty.

Table of Contents

List of figures	ix
List of tables	x
List of contributors	xv
Preface	xviii
Generational income mobility in North America and Europe: an introduction	1	(37)
Miles Corak
A model of intergenerational mobility variation over time and place	38	(10)
Gary Solon
Equal opportunity and intergenerational mobility: going beyond intergenerational income transition matrices	48	(10)
John E. Roemer
Intergenerational mobility for whom? The experience of high- and low-earning sons in international perspective	58	(32)
Nathan D. Grawe
What do trends in the intergenerational economic mobility of sons and daughters in the United States mean?	90	(32)
Susan E. Mayer
Leonard M. Lopoo
Changes in intergenerational mobility in Britain	122	(25)
Jo Blanden
Alissa Goodman
Paul Gregg
Stephen Machin
Intergenerational mobility in Britain: new evidence from the British Household Panel Survey	147	(43)
John Ermisch
Marco Francesconi
Non-linear patterns of intergenerational mobility in Germany and the United States	190	(17)
Kenneth A. Couch
Dean R. Lillard
Family structure and labor market success: the influence of siblings and birth order on the earnings of young adults in Norway, Finland, and Sweden	207	(19)
Anders Bjorklund
Tor Eriksson
Markus Jantti
Oddbjorn Raaum
Eva Osterbacka
New evidence on the intergenerational correlation in welfare participation	226	(19)
Marianne E. Page
Intergenerational influences on the receipt of unemployment insurance in Canada and Sweden	245	(44)
Miles Corak
Bjorn Gustafsson
Torun Osterberg
Unequal opportunities and the mechanisms of social inheritance	289	(26)
Gosta Esping-Andersen
Index	315