2020
DOI: 10.31235/osf.io/evfcx
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The Decline in Intergenerational Mobility After 1980

Abstract: We demonstrate that relative intergenerational mobility declined sharply for cohorts born in the early 1960s compared to those born around 1950. The former entered the labor market largely after the large rise in inequality that occurred around 1980 while the latter entered the labor market well before this inflection point. We show that the rank-rank slope rose from 0.24 to 0.36 and the IGE increased from 0.21 to 0.50. We find that both the increase in the returns to schooling and the gradient in the likeliho… Show more

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Cited by 32 publications
(65 citation statements)
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“…At the same time, individuals growing up in poor families have found it increasingly difficult to exit poverty later in life. Economic opportunity-the ability to achieve upward socioeconomic mobility regardless of one's background -has declined dramatically, particularly for those entering the US labor market in the early 1980s and thereafter [6,7].…”
Section: Worsening Economic Outcomes In the Usmentioning
confidence: 99%
“…At the same time, individuals growing up in poor families have found it increasingly difficult to exit poverty later in life. Economic opportunity-the ability to achieve upward socioeconomic mobility regardless of one's background -has declined dramatically, particularly for those entering the US labor market in the early 1980s and thereafter [6,7].…”
Section: Worsening Economic Outcomes In the Usmentioning
confidence: 99%
“… The research literature on relative mobility in the US is unresolved on the matter of both trend in class mobility (Mitnik, Cumberworth and Grusky ) and economic mobility (e.g., Davis and Mazumder ; Chetty et al ). The corresponding literature on relative mobility in the UK suggests, by contrast, a decline in economic mobility (e.g., Blanden, Goodman, Gregg and Machin ) and a rough stability or even increase in class mobility (Buscha and Sturgis ; Bukodi et al ; Goldthorpe and Jackson ; Goldthorpe and Mills ). …”
mentioning
confidence: 99%
“…Thus, in the case of the US, while some analysts (e.g. Davis and Mazumder, 2017) have claimed to show that with rising income inequality after 1980 relative income mobility has fallen -as Krueger (2012) would expect from the GGC -others, notably Chetty et al (2014), maintain that, contrary to Krueger's expectations, the net association between parents and children's incomes has remained remarkably stable over recent decades. And Hout (2018) finds no significant change in relative mobility as measured in terms of socioeconomic status over the period 1994-2016.…”
Section: Theorymentioning
confidence: 96%