no code implementations • 20 Jul 2021 • Brantly Callaway, Tong Li, Irina Murtazashvili
This paper considers nonlinear measures of intergenerational income mobility such as (i) the effect of parents' permanent income on the entire distribution of child's permanent income, (ii) transition matrices, and (iii) rank-rank correlations when observed annual incomes are treated as measured-with-error versions of permanent incomes.