Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35685 
Year of Publication: 
2008
Series/Report no.: 
IZA Discussion Papers No. 3801
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper presents new evidence on intergenerational income and earnings mobility in the top of the distributions. Using a large dataset of matched father-son pairs in Sweden we are able to obtain results for fractions as small as 0.1 percent of the population. Overall, mobility is lower for incomes than for earnings and it appears to decrease the higher up in the distribution one goes. In the case of incomes, however, we find that mobility decreases dramatically within the top percentile of the population. Our results suggest that Sweden, well-known for its egalitarian achievements, is a society where equality of opportunity for a large majority of wage earners coexists with capitalistic dynasties.
Subjects: 
Intergenerational income mobility
top incomes
earnings inequality
income inequality
welfare state
non-linear regression
quantile regression
JEL: 
D31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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