Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/211225
Authors: 
van der Weide, Roy
Vigh, Melinda
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper No. 2018/187
Abstract: 
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are influenced less by the individual's parents and more by her potential. In an application to 54 state-regions in India (1983-2011), we identify the causal effect of intergenerational mobility on household expenditure's future growth. We find that intergenerational mobility has a positive effect on growth, particularly among the poor. Furthermore, mobility is found to be positive for human capital accumulation except for individuals with highly educated parents for whom it matters less whether the playing field is level or not.
Subjects: 
intergenerational mobility
inequality
growth
poor
India
JEL: 
D31
D63
E24
O15
O40
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-629-6
Document Type: 
Working Paper

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