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Intergenerational Income Mobility in the United States*

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  • Solon, Gary

Abstract

Social scientists and policy analysts have long expressed concern about the extent of intergenerational income mobility in the United States, but remarkably little empirical evidence is available. The few existing estimates of the intergenerational correlation in income have been biased downward by measurement error, unrepresentative samples, or both. New estimates based on intergenerational data from the Panel Study of Income Dynamics imply that the intergenerational correlation in long-run income is at least 0.4, indicating dramatically less mobility than suggested by earlier research. Copyright 1992 by American Economic Association.

Suggested Citation

  • Solon, Gary, 1992. "Intergenerational Income Mobility in the United States," American Economic Review, American Economic Association, vol. 82(3), pages 393-408, June.
    • Handle: RePEc:aea:aecrev:v:82:y:1992:i:3:p:393-408
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    Replication

    This item has been replicated by:
  • Aughinbaugh, Alison, 2000. "Reapplication and extension: intergenerational mobility in the United States," Labour Economics, Elsevier, vol. 7(6), pages 785-796, November.

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    1. Intergenerational income mobility in the United States (AER 1992) in ReplicationWiki

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