Intergenerational income mobility: New evidence from the UK

Rohenkohl, Bertha

doi:10.1007/s10888-023-09577-7

Cited by 5 publications

(2 citation statements)

References 59 publications

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“…Understanding Society data, particularly when combined with the BHPS, now provide a valuable resource to study intergenerational connections, and the intergenerational transmission of economic advantages and disadvantages. For example, Rohenkohl (2023) finds evidence of intergenerational persistence in the transmission of resources at the household and individual levels. While mobility is relatively low at the UK level, within specific regions there is variability.…”

Section: Intergenerational Linkagesmentioning

confidence: 99%

A symposium on Understanding Society, the UK Household Longitudinal Study: introduction

Benzeval,

Crossley,

Aguirre

2023

Fiscal Studies

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Understanding Society, the UK Household Longitudinal Study began in 2009, and built on and incorporated its predecessor the British Household Panel Survey. It is the largest survey of its kind in the world and provides rich opportunities for economic research and policy analysis. In this introduction to a symposium on Understanding Society, we review the main features of the study, how it is conducted, and evidence on data quality. We also discuss past and potential uses in economic research.

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Section: Intergenerational Linkagesmentioning

confidence: 99%

A symposium on Understanding Society, the UK Household Longitudinal Study: introduction

Benzeval,

Crossley,

Aguirre

2023

Fiscal Studies

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“…This estimate is in line with other studies for the UK. For example, using the BHPS,Rohenkohl (2023) finds a rank-rank slope for various measures of income of between 0.25 and 0.30.24 Blanden et al (2021) use the intergenerational correlation in homeownership and the relationship between homeownership and wealth rank to estimate a 'rank-rank slope' measure of the intergenerational association in household wealth of between 0.38 and 0.46, using a variety of datasets Gregg and Kanabar (2022). use a two-stage estimator approach with data from the Wealth and Assets Survey and find a wealth elasticity of 0.4 for those in their 30s in recent years.25 Although our individual wealth rank-rank slope estimate is marginally lower than the 0.39 estimated for Sweden byAdermon et al (2018), and our elasticity estimate using child's individual wealth is similar to the estimate of 0.32 from that paper,Black et al (2020) estimate a rank-rank slope of 0.35 and elasticity of 0.25 for Sweden using a much larger sample.26 Fisher and Johnson, 2023. …”

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confidence: 99%

Using Understanding Society to study intergenerational wealth mobility in the UK

Levell,

Sturrock

2023

Fiscal Studies

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Understanding Society, the UK Household Longitudinal Study enables researchers to track individuals as they grow up and form new households, making it invaluable for studying the intergenerational persistence of outcomes including income, health and wealth. We discuss the advantages and disadvantages of Understanding Society relative to other datasets, and document patterns of attrition as individuals transition from childhood to adulthood. We then use Understanding Society to document the intergenerational persistence of wealth in the UK. We find that the intergenerational persistence of wealth is greater than for earnings, and that only around half of the intergenerational persistence of wealth can be explained by the intergenerational persistence in earnings and education.

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The geography of intergenerational mobility in Norway: Labor market diversity, career opportunities, and gender

Turner,

Wessel

2024

Journal of Regional Science

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We investigate intergenerational income mobility across labor market regions in Norway, looking at gender differences in response to industrial diversity. Our identification strategy exploits variation in the timing of regional migration, measured over the age spans 6−19 and 13−19 years. We make extensive use of fixed effects so that each region only affects adult outcomes, measured as income rank, through differences in exposure time. Our results reveal significantly larger exposure effects among daughters than among sons. The difference is particularly large when we contrast sons to fathers and daughters to mothers, but it is also apparent when we place sons and daughters, respectively, fathers and mothers, in the same distribution. We further find that industrial diversity, and thus the range of job opportunities, matters most during the teenage years. The patterns are, to some extent, detectible on maps, for example, with better mobility opportunities for men in coastal regions based on maritime and/or marine specialization. We conclude with assessments, a recommendation for regional policy, and some international considerations.

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Intergenerational income mobility: New evidence from the UK

Cited by 5 publications

References 59 publications

A symposium on Understanding Society, the UK Household Longitudinal Study: introduction

A symposium on Understanding Society, the UK Household Longitudinal Study: introduction

Using Understanding Society to study intergenerational wealth mobility in the UK

The geography of intergenerational mobility in Norway: Labor market diversity, career opportunities, and gender

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