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  • 标题:Intergenerational mobility: measurement and the role of borrowing constraints and inherited tastes
  • 本地全文:下载
  • 作者:Jordi Caballé
  • 期刊名称:SERIEs: Journal of the Spanish Economic Association
  • 印刷版ISSN:1869-4187
  • 电子版ISSN:1869-4195
  • 出版年度:2016
  • 卷号:7
  • 期号:4
  • 页码:393-420
  • DOI:10.1007/s13209-016-0149-2
  • 出版社:Springer Berlin / Heidelberg
  • 摘要: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.
  • 关键词:Intergenerational mobility; Inherited tastes; Borrowing constraints; J62; E21; I26
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