The Political Economy of Intergenerational Income Mobility

Ichino, Andrea; Karabarbounis, Loukas; Moretti, Enrico

doi:10.1111/j.1465-7295.2010.00320.x

Cited by 74 publications

(43 citation statements)

References 52 publications

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“…Since heritability is fixed, Black and Devereux note that we can best understand differences in intergenerational mobility by focussing on 'differences in the returns to skills …and differences in government investments [in education]' (p. 1500). Evidence from international cross-sections (Ichino et al, 2009) and across US states (Mayer and Lopoo, 2008) backs up the idea that social mobility is higher when public education is better funded. Recently, Chetty et al (2014) have used administrative data to characterize cities in the US as having high or low intergenerational mobility; they show considerable variation across the country, and one of the correlated factors is the quality of primary education.…”

Section: The Aims Of Education: Rates Of Return Inequality and Sociamentioning

confidence: 95%

Education Systems: Assignment, Admissions, Accountability and Autonomy

Burgess¹

2017

Economics Without Borders

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This chapter focuses on education market systems, as one of the key issues for policy in education. Research suggests that a coherent market structure for schools is very important for attainment. The key elements are: assignment of pupils to schools and admissions policies, and school accountability and autonomy. The central element of the market structure is the assignment mechanism, which allocates each child to a school. There are different such mechanisms available: school choice, neighbourhood schooling and elite schooling or 'tracking', which assigns pupils on the basis of an exam. Other key elements include governance rules and hierarchy: school accountability and school autonomy. Finally, the nature of school leadership is tied up with the degree of autonomy -leaders are far more important in autonomous schools.

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Section: The Aims Of Education: Rates Of Return Inequality and Sociamentioning

confidence: 95%

Education Systems: Assignment, Admissions, Accountability and Autonomy

Burgess¹

2017

Economics Without Borders

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“…Therefore, poor parents who are financially constrained cannot borrow to finance the education of their children and this results in a strong persistence of the socioeconomic status within the family across generations. The existence of a powerful welfare state that facilitates the acquisition of human capital by means, for instance, of public provision of education results in larger intergenerational earnings mobility (Ichino et al 2011). The presence of these credit constraints has clear normative implications.…”

Section: Intergenerational Mobility and Other Economic Characteristicsmentioning

confidence: 99%

Intergenerational mobility: measurement and the role of borrowing constraints and inherited tastes

Caballé

2016

SERIEs

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In this paper, I present some popular measures of mobility in economic outcomes within a family across generations. I also discuss two of the most important factors preventing intergenerational mobility: existence of financially constrained individuals and transmission of tastes from parents to children. Finally, I show how these two factors could give raise to dramatic reversals of fortune affecting successive generations of the same dynasty. I will cast the results of the different models I use in terms of the previous measures of intergenerational mobility.

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“…Redistributive institutions (such as income redistribution and public education) may have the potential to play an important role in determining inequality and mobility (Checchi, Ichino and Rustichini, 1999;Iyigun, 1999;Hassler, Rodriguez Mora and Zeira, 2007;Ichino, Karabarbounis and Moretti, 2008). For example, income redistribution from the rich to the poor can expand the resources of the poor available for educational investment, which may in turn increase upward mobility and reduce inequality in the economy.…”

Section: Introductionmentioning

confidence: 99%

“…In contrast, this paper provides analytically a welfare implication of redistributive taxation via inequality and mobility. Other studies on inequality and mobility focus on public education as redistributive institutions (for example, Owen and Weil, 1998;Iyigun, 1999;Checchi, Ichino and Rustichini, 1999;Davis, Zhang and Zeng, 2005;Hassler, Rodriguez Mora and Zeira, 2007;Ichino, Karabarbounis and Moretti, 2008).…”

Section: Introductionmentioning

confidence: 99%

Inequality, Mobility and Redistributive Taxation in a Finance-Constrained Economy

Arawatari

Ono

2015

AEF

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This paper presents a simple model that displays a joint determination of income inequality and intergenerational mobility affected by redistributive taxation. The model shows that a larger redistribution improves equality and utility and enhances mobility when the poor are financially constrained, however it creates a trade-off between the rich and the poor in terms of utility when the poor are financially unconstrained. The model also shows that the size of the redistribution as well as wage inequality play key roles in explaining the cross-country differences in inequality and mobility among OECD countries.

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The Political Economy of Intergenerational Income Mobility

Cited by 74 publications

References 52 publications

Education Systems: Assignment, Admissions, Accountability and Autonomy

Education Systems: Assignment, Admissions, Accountability and Autonomy

Intergenerational mobility: measurement and the role of borrowing constraints and inherited tastes

Inequality, Mobility and Redistributive Taxation in a Finance-Constrained Economy

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