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Working Paper
Intergenerational Health Mobility in the US
Studies of intergenerational mobility have largely ignored health despite the central importance of health to welfare. We present the first estimates of intergenerational health mobility in the US by using repeated measures of self-reported health status (SRH) during adulthood from the PSID. Our main finding is that there is substantially greater health mobility than income mobility in the US. A possible explanation is that social institutions and policies are more effective at disrupting intergenerational health transmission than income transmission. We further show that health and income ...
Newsletter
Inequality in Skills and the Great Gatsby Curve
This article presents evidence relating cross-country differences in intergenerational mobility to differences in inequality of skills.
Journal Article
Misperceptions of Mobility
Research Spotlight on article: "Intergenerational Mobility and Preferences for Redistribution."Offsite Alberto Alesina, Stefanie Stantcheva, and Edoardo Teso. American Economic Review, February 2018, vol. 108, no. 2, pp. 521-554.
Working Paper
Estimating the Intergenerational Elasticity and Rank Association in the U.S.: Overcoming the Current Limitations of Tax Data
Ideal estimates of the intergenerational elasticity (IGE) in income require a large panel of income data covering the entire working lifetimes for two generations. Previous studies have demonstrated that using short panels and covering only certain portions of the life cycle can lead to considerable bias. A recent influential study by Chetty et al. (2014) using tax data estimates the IGE in family income for the entire U.S. to be 0.344, considerably lower than most previous estimates. Despite the seeming advantages of extremely large samples of administrative tax data, I demonstrate that the ...