Robust Determinants of Intergenerational Mobility in the Land of

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Nội dung chi tiết: Robust Determinants of Intergenerational Mobility in the Land of

Robust Determinants of Intergenerational Mobility in the Land of

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of

Robust Determinants of Intergenerational Mobility in the Land off Intergenerational Mobility in the Land of OpportunityAndros KourtellosChrista MarrChih Ming TanL'suuirith of North Dakota, chihming.tan0>L’ND.eduFol

low this and additional works at: https://commons.und.edu/ef-facPart of the Economics CommonsRecommended CitationKourtdlos, Andros; Man, Christa; and Robust Determinants of Intergenerational Mobility in the Land of

Tan, Chih Ming. "Robust Determinants of Intervene rational Mobility in the Land ofOpportunity' (2016). Eovwrstfcs Ớ hnatKt Faculty PubitcaMni. 1.https

Robust Determinants of Intergenerational Mobility in the Land of

://commons,un

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of

Robust Determinants of Intergenerational Mobility in the Land ofation, please contact reauhyousihỉli braryund.edu.Robust Determinants of Intergenerational Mobility ill the Land of OpportunityAndros Kourtellos* Chri

sta Marr Chill Ming Tail'October 1. 2014•Department of Economics, University of Cyprus, P.O. Box 537, CY 1678 Nicosia, Cyprus, e-mail: andros4ucy.ac.c Robust Determinants of Intergenerational Mobility in the Land of

y.^Christa Marr, Department of Economics. Rollins College, 1000 Holt Ave., Winter Park, EL 32789, U.S.A, e-mail: christamarr0gniail.com.^Department of

Robust Determinants of Intergenerational Mobility in the Land of

Economics, University of North Dakota. ‘293 Centennial Drive Stop 8369, Grand Forks, North Dakota. USA, e-mail: chihmlng.tanebusiness.und.edu.1Abstra

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of

Robust Determinants of Intergenerational Mobility in the Land ofty across commuter zones in the US (i.e., spatial mobility) using nine classes of variables. We employ Bayesian model averaging methods that allow for

model uncertainty to identify robust predictors of spatial mobility. In doing so we pay special attention to the specification of model and parameter Robust Determinants of Intergenerational Mobility in the Land of

priors. We also investigate the heterogeneous effects of these predictors on spatial mobility across commuter zones in different average income quint

Robust Determinants of Intergenerational Mobility in the Land of

iles. Our findings suggest a more nuance and complex characterization of the spatial mobility process than that proposed by Chetty. Hendren. Kline, an

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of

Robust Determinants of Intergenerational Mobility in the Land ofe lias been intense debate in the recent literature regarding intergenerational mobility -how dependent an offspring’s social and economic outcomes ar

e on those of her parents - in the United States (and also other countries). The debate springs from two concerns. First, there has been substantial d Robust Determinants of Intergenerational Mobility in the Land of

isagreement about the trend in intergenerat ional mobility across time. While some studies have shown that intergenerational mobility has declined ove

Robust Determinants of Intergenerational Mobility in the Land of

r time, others have instead found that intergenerational mobility has always lieen consistently low; sec, for example, Aaronson and Mazumder (2008), L

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of

Robust Determinants of Intergenerational Mobility in the Land oftional mobility is important not only because it informs the collective narrative about the nature of living in the United States - can the United Sta

tes truly be characterized as the "land of opportunity’’ where inhabitants are able to overcome initial conditions through individual talent and hard Robust Determinants of Intergenerational Mobility in the Land of

work? - but also because it potentially informs policy makers about the nature of barriers to mobility.The concern over the nature of intergenerationa

Robust Determinants of Intergenerational Mobility in the Land of

l mobility is also important because of its relationship with income inequality. The recent literature has proposed a connection between income inequa

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of

Robust Determinants of Intergenerational Mobility in the Land ofurve describes the strong positive correlation between higher levels of inequality and lower degrees of mobility in the cross-section of high-income c

ountries. In fact, the United States has one of the highest levels of inequality and lowest degrees of mobility among the high-income countries.The qu Robust Determinants of Intergenerational Mobility in the Land of

estion here is over the determinants of intergenerational mobility and whether factors that drive lower levels of intergcnerational mobility may also

Robust Determinants of Intergenerational Mobility in the Land of

account for the rise1

LNỠUniversity of North DakotaUND Scholarly CommonsEconomics & Finance Faculty PublicationsDepartment of Economics & Finance42370Robust Determinants of