Finally, the increased ability to move across countries and regions of Europe will increase income mobility
, which could alter voters' views about whether the poor are responsible for their poverty rather than victims of a situation they cannot control.
Parallel to the income mobility
, different income developments can be observed for the various immigrant groups.
The book also includes a very informative chapter by Sheldon Danziger and Peter Gottschalk examining the trends in income mobility
(for example, the extent to which people change relative positions within the income distribution)--providing a nice complement to the extensive information provided on inequality.
Corak and Heisz (1997) use nonparametric techniques to analyze data on Canadian men and find that intergenerational income mobility
is much greater at the lower end of the income distribution than at the upper end.
This phenomenon is known as income mobility
, and it is almost unique to the American experience.
At the individual level, it is, in particular, fathers' occupation, working status and education that influence income mobility
and, in particular, fathers' occupations and education which influence wealth mobility.
Looking at rates of income mobility
and drawing on the tax records from 7 million individuals in the US, the authors show how the neighbourhoods in which children grow up play a significant role in determining their future earnings.
Along the way, as is typical of most of Cowen's work, he has or reports interesting insights: on the serious problems caused by building restrictions, on income mobility
, on how U.
Raj Chetty, Stanford University and NBER; David Grusky and Maximilian Hell, Stanford University; Nathaniel Hendren, Harvard University and NBER; Robert Manduca, Harvard University; and Jimmy Narang, University of California, Berkeley, "The Fading American Dream: Trends in Absolute Income Mobility
Since 1940" (NBER Working Paper No.
Intergenerational Income Mobility
and the Role of Family Background," in Oxford Handbook of Economic Inequality, edited by W.
The Intergenerational Earnings and Income Mobility
of Canadian Men: Evidence from Longitudinal Income Tax Data.
In contrast, income mobility
compares the position of one household to itself at different points in time.