The Intergenerational Earnings and Income Mobility of Canadian Men

The Intergenerational Earnings and Income Mobility of Canadian Men
Author: Miles Corak
Publisher:
Total Pages: 0
Release: 2001
Genre:
ISBN:

Our objective is to obtain an accurate estimate of the degree of intergenerational income mobility in Canada. We use income tax information on about 400,000 father-son pairs, and find intergenerational earnings elasticities to be about 0.2. Earnings mobility tends to be slightly greater than income mobility, but non-parametric techniques uncover significant non-linearities in both of these relationships. Intergenerational earnings mobility is greater at the lower end of the income distribution than at the upper end, and displays an inverted V-shape elsewhere. Intergenerational income mobility follows roughly the same pattern, but is much lower at the very top of the income distribution.

The Intergenerational Earnings and Income Mobility of Canadian Men [electronic Resource] : Evidence from Longitudinal Income Tax Data

The Intergenerational Earnings and Income Mobility of Canadian Men [electronic Resource] : Evidence from Longitudinal Income Tax Data
Author: Miles R. (Miles Raymond) Corak
Publisher:
Total Pages: 34
Release: 1998
Genre: Age distribution (Demography)
ISBN: 9780660176116

Our objective is to obtain an accurate estimate of the degree of intergenerational income mobility in Canada. We use income tax information on about 400,000 father-son pairs, and find intergenerational earnings elasticities to be about 0.2. Earnings mobility tends to be slightly greater than income mobility, but non-parametric techniques uncover significant non-linearities in both of these relationships. Intergenerational earnings mobility is greater at the lower end of the income distribution than at the upper end, and displays an inverted V-shape elsewhere. Intergenerational income mobility follows roughly the same pattern, but is much lower at the very top of the income distribution.

The Intergenerational Income Mobility of Canadian Men

The Intergenerational Income Mobility of Canadian Men
Author: Miles Corak
Publisher:
Total Pages: 36
Release: 1991
Genre: Child support
ISBN:

In this paper we use administrative data associated with the tax system to: (1) document the extent of intergenerational income mobility among Canadian men: and (2) estimate the income disadvange (in adulthood) of being raised in a low income household. We find that there is considerable intergenerational income mobility in Canada among middle income earners, but that the inheritance of economic status is significant at both the very top and very bottom of the income distribution. About one-third of those in the bottom quartile were raised by fathers who occupied the same position in the income distribution. In fact, the income advantage of someone who has a father in the top decile over someone who had a father in the bottom decile is in the order of 40%. We also discuss some of the policy implications of these findings, as well as some of their limitations and the directions implied for future research.

The Intergenerational Earnings and Income Mobility of Canadian Men

The Intergenerational Earnings and Income Mobility of Canadian Men
Author: Miles Corak
Publisher:
Total Pages: 0
Release: 2001
Genre:
ISBN:

Our objective is to obtain an accurate estimate of the degree of intergenerational income mobility in Canada. We use income tax information on about 400,000 father-son pairs, and find intergenerational earnings elasticities to be about 0.2. Earnings mobility tends to be slightly greater than income mobility, but non-parametric techniques uncover significant non-linearities in both of these relationships. Intergenerational earnings mobility is greater at the lower end of the income distribution than at the upper end, and displays an inverted V-shape elsewhere. Intergenerational income mobility follows roughly the same pattern, but is much lower at the very top of the income distribution.

Generational Income Mobility in North America and Europe

Generational Income Mobility in North America and Europe
Author: Miles Corak
Publisher: Cambridge University Press
Total Pages: 348
Release: 2004-11-25
Genre: Business & Economics
ISBN: 9781139455763

Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.

From Parents to Children

From Parents to Children
Author: John Ermisch
Publisher: Russell Sage Foundation
Total Pages: 523
Release: 2012-05-01
Genre: Social Science
ISBN: 1610447808

Does economic inequality in one generation lead to inequality of opportunity in the next? In From Parents to Children, an esteemed international group of scholars investigates this question using data from ten countries with differing levels of inequality. The book compares whether and how parents' resources transmit advantage to their children at different stages of development and sheds light on the structural differences among countries that may influence intergenerational mobility. How and why is economic mobility higher in some countries than in others? The contributors find that inequality in mobility-relevant skills emerges early in childhood in all of the countries studied. Bruce Bradbury and his coauthors focus on learning readiness among young children and show that as early as age five, large disparities in cognitive and other mobility-relevant skills develop between low- and high-income kids, particularly in the United States and the United Kingdom. Such disparities may be mitigated by investments in early childhood education, as Christelle Dumas and Arnaud Lefranc demonstrate. They find that universal pre-school education in France lessens the negative effect of low parental SES and gives low-income children a greater shot at social mobility. Katherine Magnuson, Jane Waldfogel, and Elizabeth Washbrook find that income-based gaps in cognitive achievement in the United States and the United Kingdom widen as children reach adolescence. Robert Haveman and his coauthors show that the effect of parental income on test scores increases as children age; and in both the United States and Canada, having parents with a higher income betters the chances that a child will enroll in college. As economic inequality in the United States continues to rise, the national policy conversation will not only need to address the devastating effects of rising inequality in this generation but also the potential consequences of the decline in mobility from one generation to the next. Drawing on unparalleled international datasets, From Parents to Children provides an important first step.

Love and Money

Love and Money
Author: Statistics Canada. Analytical Studies Branch
Publisher: Analytical Studies, Statistics Canada
Total Pages: 42
Release: 2005-01-01
Genre: Families
ISBN: 9780662422259

The Oxford Handbook of the Social Science of Poverty

The Oxford Handbook of the Social Science of Poverty
Author: David Brady
Publisher: Oxford University Press
Total Pages: 937
Release: 2016
Genre: Political Science
ISBN: 0199914052

The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.

Measuring Distribution and Mobility of Income and Wealth

Measuring Distribution and Mobility of Income and Wealth
Author: Raj Chetty
Publisher: University of Chicago Press
Total Pages: 736
Release: 2022-11-16
Genre: Business & Economics
ISBN: 0226816044

A collection of twenty-three studies that explore the latest developments in the analysis of income and wealth distribution and mobility. Economic research is increasingly focused on inequality in the distribution of personal resources and outcomes. One aspect of inequality is mobility: are individuals locked into their respective places in this distribution? To what extent do circumstances change, either over the lifecycle or across generations? Research not only measures inequality and mobility, but also analyzes the historical, economic, and social determinants of these outcomes and the effect of public policies. This volume explores the latest developments in the analysis of income and wealth distribution and mobility. The collection of twenty-three studies is divided into five sections. The first examines observed patterns of income inequality and shifts in the distribution of earnings and in other factors that contribute to it. The next examines wealth inequality, including a substantial discussion of the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that underlie it. The next section considers the impact of various policy interventions that are directed at reducing inequality. The final section addresses the challenges of combining household-level data, potentially from multiple sources such as surveys and administrative records, and aggregate data to study inequality, and explores ways to make survey data more comparable with national income accounts data.

Dimensions of Inequality in Canada

Dimensions of Inequality in Canada
Author: David A. Green
Publisher: UBC Press
Total Pages: 498
Release: 2011-11-01
Genre: Political Science
ISBN: 0774840579

Is Canada becoming a more polarized society? Or is it a kind-hearted nation that takes care of its disadvantaged? This volume closely examines these differing views through a careful analysis of the causes, trends, and dimensions of inequality to provide an overall assessment of the state of inequality in Canada. Contributors include economists, sociologists, philosophers, and political scientists, and the discussion ranges from frameworks for thinking about inequality, to original analyses using Canadian data, to assessments of significant policy issues, methodologies, and research directions. What emerges is the most detailed picture of inequality in Canada to date and, disturbingly, one that shows signs of us becoming a less just society. An invaluable source of information for policy makers, researchers, and students from a broad variety of disciplines, Dimensions of Inequality in Canada will also appeal to readers interested or involved in public debates over inequality.