Struktur und Ausmaß der intergenerationalen Einkommensmobilität in Deutschland / Structure and Extent of Intergenerational Income Mobility in Germany

2009 ◽  
Vol 229 (4) ◽  
Author(s):  
Daniel Schnitzlein
Keyword(s):  
Income Distribution ◽  
Quantile Regression ◽  
Detailed Analysis ◽  
Income Elasticity ◽  
Income Mobility ◽  
Transition Matrices ◽  
Intergenerational Income Mobility ◽  
Regression Approach ◽  
Using Data ◽  
High Level

SummaryThe paper examines the structure and the extent of intergenerational income mobility in Germany. Using data from the German Socio-economic Panel it is possible to look at both, father-son and father-daughter pairs. In the present case the intergenerational income elasticity is 0.26 for father-son pairs and 0.36 for father-daughter pairs. A more detailed analysis is carried out, applying a quantile regression approach. In a third step I estimate the transition matrices of sons. Although there is some persistence at both ends of the income distribution, the results show a high level of intergenerational mobility in Germany.

scholarly journals Intergenerational Income Mobility in Taiwan: Evidence from TS2SLS and Structural Quantile Regression

2015 ◽  
Vol 15 (1) ◽  
pp. 257-284 ◽  
Author(s):  
Kamhon Kan ◽  
I-Hsin Li ◽  
Ruei-Hua Wang
Keyword(s):  
Quantile Regression ◽  
Regression Models ◽  
Time Trend ◽  
Income Elasticity ◽  
Income Mobility ◽  
Income Shocks ◽  
Cross Sectional ◽  
Fast Growing ◽  
Income Elasticities ◽  
Intergenerational Income Mobility

Abstract We estimate intergenerational income mobility in Taiwan, employing repeated cross-sectional data. We find that the father–son, father–daughter, mother–son and mother–daughter income elasticities-at-40 are around 0.18, 0.23, 0.50 and 0.54, respectively. Moreover, the mother–child income elasticity increases slightly over children’s birth year, while the father–child elasticity is stable, but we do not find any time trend in elasticities. Since mean-regression results may not be informative in fast growing economies, we estimate relative mobility via structural quantile regression models. The results indicate that parents’ income affects children’s income mainly through the propagation of children’s income shocks, rather than affecting the level directly.

scholarly journals The income elasticity of lottery revisited: a worldwide perspective

2021 ◽  
Vol 10 (4) ◽  
pp. 403-407
Author(s):  
Levi Pérez ◽  
Álvaro Muñiz
Keyword(s):  
Panel Data ◽  
Income Distribution ◽  
Quantile Regression ◽  
Significant Variation ◽  
Income Elasticity ◽  
Aggregate Demand ◽  
Demand Functions ◽  
Income Elasticities ◽  
World Regions ◽  
Regression Approach

Using panel data information from The WLA Global Lottery Data Compendium this paper estimates aggregate demand functions for lottery tickets in order to examine variation in the income elasticity of lottery tickets worldwide. The analysis uses a panel data quantile regression approach. The estimated elasticities are compared across income quartiles and world regions. The results provide evidence that a significant variation in the income elasticities across both geographic areas and the income distribution exists. Also, a clear heterogeneity in the incidence of lottery expenditures is observed. Overall, it is found that lottery is a normal good.

Intergenerational Income Mobility in a Less-Developed, High-Inequality Context: The Case of Chile

2010 ◽  
Vol 10 (1) ◽  
Author(s):  
Javier I Nunez ◽  
Leslie Miranda
Keyword(s):  
Income Inequality ◽  
Inverse Relationship ◽  
Income Elasticity ◽  
High Income ◽  
Income Mobility ◽  
Cross Sectional ◽  
International Evidence ◽  
Intergenerational Income Mobility ◽  
Income Determinants

Abstract This paper studies the magnitude of intergenerational income mobility in less developed, high inequality Chile. Following a known methodology where fathers' incomes are predicted from standard income determinants such as education and occupation, we get comparable estimates of the intergenerational income elasticity in the range of 0.57 to 0.74 and 0.63 to 0.76 for ages 25-40 and 31-40, respectively. These values place Chile at the high end of the available international evidence. Considering Chile's high income inequality, this finding supports the hypothesis proposed in the literature of an inverse relationship between cross-sectional income inequality and intergenerational income mobility.

scholarly journals Capital structure determinants in South Africa: A quantile regression approach

2017 ◽  
Vol 9 (1) ◽  
pp. 275-290 ◽  
Author(s):  
Tendai Gwatidzo ◽  
Miracle Ntuli ◽  
Mthokozisi Mlilo
Keyword(s):  
South Africa ◽  
Capital Structure ◽  
Quantile Regression ◽  
South African ◽  
Predictor Variables ◽  
Regression Approach ◽  
The Mean ◽  
Using Data ◽  
Different Levels

Using data on 239 listed South African firms and covering the period 1996-2010, we apply a quantile regression approach to investigate the effect of capital structure determinants on leverage. The paper’s main contribution is to assess the effect of the predictor variables across the distribution of leverage. That is, does the effect of a capital structure determinant vary at different levels of leverage? With the exception of asset tangibility and age, whose effect increased with leverage, our results suggest that the importance of leverage determinants does not vary with leverage. This is an important result, as it suggests that for the case of South Africa, studies that estimate the correlates of leverage at the mean are still valid and appropriate.

scholarly journals THE IMPACT OF TOURISM UNCERTAINTY ON AIRLINE STOCK MARKETS IN KOREA: A QUANTILE REGRESSION APPROACH

2021 ◽  
Vol 22 (4) ◽  
pp. 923-939
Author(s):  
Ji-Hong Jeon
Keyword(s):  
Quantile Regression ◽  
Stock Prices ◽  
Stock Markets ◽  
Disease Outbreaks ◽  
Terrorist Attacks ◽  
Policy Uncertainty ◽  
Regression Approach ◽  
Using Data ◽  
The Impact ◽  
Global Travel

This study explores the impact of tourism uncertainty, including economic policy uncertainty (EPU) and travel crises arising from issues such as terrorism and disease outbreaks, on airline stock markets in Korea. Airline stock prices are particularly affected by tourism uncertainty. Using data from 2001–2018 and events influencing tourism uncertainty such as the 9/11 terrorist attacks and severe acute respiratory syndrome, quantile regression approach reveals how EPU influences airline stock prices in Korea during three market phases – bearish, normal, and bullish. EPU and travel crises negatively affect airline stock prices in Korea. Specifically, we document that higher EPU and more global travel crises lead to deeper reductions in stock prices in bullish markets. These results provide implications and insights for airline investors, stakeholders, and organizations concerned about the influence of tourism uncertainty on airline stock prices in Korea.

Are we born equal: a study of intergenerational income mobility in China

2019 ◽  
Vol 85 (1) ◽  
pp. 1-19
Author(s):  
Mengjie Jin ◽  
Xuemei Bai ◽  
Kevin X Li ◽  
Wenming Shi
Keyword(s):  
Intergenerational Transmission ◽  
Income Elasticity ◽  
Income Mobility ◽  
Nutrition Survey ◽  
The Past ◽  
Transmission Channels ◽  
Health And Nutrition ◽  
Intergenerational Income Mobility ◽  
Cross Country ◽  
Developed Nations

AbstractStudies show that the gain from China's remarkable growth of the past 35 years has not been evenly shared, especially through the intergenerational transmission of income. To address this concern, we use data from China Health and Nutrition Survey and find the intergenerational income elasticity to be 0.466 in 2011, which suggests that sons’ incomes are affected by their fathers’ economic statuses to a large extent. A cross-country comparison indicates that the degree of generational income mobility in China is lower than that in many developed nations. Meanwhile, by investigating possible transmission channels, we find that the fathers’ investments in the sons’ education and occupation play substantial roles in intergenerational transmission of income. The results not only demonstrate the trends in intergenerational income mobility in China, but also identify the most likely transmission channels, which is of great importance to improving social equality.

The Canadian Geography of Intergenerational Income Mobility

2019 ◽  
Vol 130 (631) ◽  
pp. 2134-2174 ◽  
Author(s):  
Miles Corak
Keyword(s):  
Income Inequality ◽  
Income Distribution ◽  
Administrative Data ◽  
Intergenerational Mobility ◽  
Income Mobility ◽  
Men And Women ◽  
Census Division ◽  
Intergenerational Income Mobility ◽  
Different Dimensions

Abstract Intergenerational income mobility varies significantly across Canada, with the 266 Census Divisions in the 1986 Census clustering into five non-contiguous regions. Nine complementary indicators are calculated for each Census Division using administrative data on a cohort of men and women born between 1963 and 1970. Collectively these indicators underscore the importance of simultaneously examining different dimensions of intergenerational mobility and also show that higher mobility is most strongly associated with less income inequality in the bottom half of the income distribution.

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