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Begging the Question: Permanent Income and Social Mobility

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  • Sean Muller

Abstract

The extent of social mobility is one of three key considerations – along with living standards and the level of inequality – in any assessment of a society’s economic merits. The intergenerational correlation (IGC) between the incomes of parents and their children provides a summary statistic of income mobility, where low income correlations reflect high […]

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  • Sean Muller, 2007. "Begging the Question: Permanent Income and Social Mobility," Working Papers 075, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:075
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    More about this item

    Keywords

    inequality; Social Programmes; Social welfare;
    All these keywords.

    JEL classification:

    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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