Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171004
Authors: 
Murray, Chelsea
Clark, Robert
Mendolia, Silvia
Siminski, Peter
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers 11020
Abstract: 
We present the first Australian estimates of intergenerational mobility that draw on direct observations of income from two generations. Using panel data for three birth cohorts of young adults from the Household, Income and Labour Dynamics Australia survey, the estimated intergenerational income elasticity is 0.28. Correcting for attenuation bias raises this to 0.41. We estimate the rank correlation to be 0.27. We show that Australia has greater mobility than the US and this is not sensitive to methodological choices. We also show that spousal selection and family structure may be important determinants of income persistence across generations.
Subjects: 
intergenerational mobility
Australia
HILDA
JEL: 
J62
Document Type: 
Working Paper
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