| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059714 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Intergenerational elasticity is estimated through a dynamic earnings model. ⺠This helps accounting for lifecycle bias and measurement errors that bias estimates. ⺠The estimated intergenerational elasticity is 0.66 for the US and 0.48 for Germany. ⺠These are higher than what is generally found in the literature.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Tak Wai Chau,