scholarly journals Cohort-Specific Experiences of Industrial Decline and Intergenerational Income Mobility

2020 ◽  
Author(s):  
Nathan Seltzer
Keyword(s):  
Labor Market ◽  
Large Scale ◽  
Manufacturing Industry ◽  
Structural Changes ◽  
Income Mobility ◽  
Birth Cohorts ◽  
Market Change ◽  
Economic Stratification ◽  
Intergenerational Income Mobility ◽  
The U.S

The U.S. manufacturing industry has long been regarded as the economic engine that built and sustained the middle class. In recent decades, this pillar of economic opportunity has eroded substantially. Though much has been written about the decline of manufacturing sectors in U.S. communities, the potential consequences for economic mobility, and stratification processes more generally, remain largely unexplored. In this study, I develop a conceptual framework linking the study of labor market change to economic stratification. I examine how structural changes to U.S. labor markets have altered opportunities for economic advancement in the U.S. I focus the analysis on birth cohorts in the 1980s, whose labor market entry spans the large-scale erosion of the manufacturing industry in the 2000s. I find strong evidence that declines in manufacturing employment have contributed to growing geographic disparities in upward intergenerational income mobility. Children raised in counties that experienced large contractions in manufacturing industries throughout adolescence experienced large economic penalties in adulthood via reduced levels of upward mobility. The results demonstrate how long-term macroeconomic changes can disrupt and redistribute opportunities within societies.

scholarly journals How Robust are Estimates of Intergenerational Income Mobility?

2021 ◽  
Author(s):  
Per Engzell ◽  
Carina Mood
Keyword(s):  
Labor Market ◽  
Family Income ◽  
Income Mobility ◽  
Model Choice ◽  
Men And Women ◽  
Intergenerational Income Mobility ◽  
The Family ◽  
Women's Earnings ◽  
Rich Countries ◽  
Swedish Data

Rising inequalities in rich countries have led to concerns that the economic ladder is getting harder to climb. It is well established that intergenerational income mobility is lower in countries with high inequality, but research on trends in mobility finds conflicting results. Motivated by this uncertainty, we ask: how important are choices of specification for levels and trends in intergenerational income associations? We use Swedish data on cohorts born 1958–1977 and their parents. Varying how, when and for whom income is measured, we estimate 1,658,880 different associations (82,944 specifications across 20 cohorts). Our results reveal that model choice is an underrecognized source of variation in intergenerational mobility research. The most consistent contributor to trends is the advancement of women in the labor market, which leads to increased persistence in women’s earnings and the family income of both men and women. Depending on specification, it is possible to conclude that income mobility is increasing, decreasing, or remaining flat. Despite variability, our results are broadly consistent with the received view that the level of mobility in Sweden is high in a comparative perspective.

scholarly journals One size doesn’t fit all: a quantile analysis of intergenerational income mobility in the U.S. (1980–2010)

2017 ◽  
Vol 16 (3) ◽  
pp. 347-367 ◽  
Author(s):  
Juan C. Palomino ◽  
Gustavo A. Marrero ◽  
Juan G. Rodríguez
Keyword(s):  
Income Mobility ◽  
Intergenerational Income Mobility ◽  
The U.S

scholarly journals Capability Deprivation, and the Intergenerational Transmission of Social Disadvantages—Empirical Evidence from Selected Countries

2018 ◽  
Vol 7 (12) ◽  
pp. 253
Author(s):  
Veronika V. Eberharter
Keyword(s):  
United States ◽  
Income Inequality ◽  
Intergenerational Transmission ◽  
Driving Forces ◽  
Economic Status ◽  
The United States ◽  
Income Mobility ◽  
Birth Cohorts ◽  
Intergenerational Income Mobility ◽  
Capability Deprivation

Based on longitudinal data from the Cross-National Equivalent File 1980–2016 (CNEF 1980–2016) the paper analyzes the extent of income inequality and capability deprivation and the driving forces of the intergenerational transmission of social and economic status of two birth cohorts in Germany, and the United States. In both the countries the empirical results show increasing inequality of the real equivalent household income, and younger cohorts experience a higher persistence of social and economic status. In the United States income inequality is more expressed than in Germany, which is in accordance with lower intergenerational income mobility. The contribution of individual and family background characteristics and capability deprivation indicators to intergenerational income mobility is more pronounced in the United States than in Germany. The significant impact of capability deprivation in childhood on the intergenerational transmission of economic chances emphasizes the importance of economic and social policy designated to guarantee the equality of opportunity.

scholarly journals Income Mobility, Income Inequality and Mortality in the U.S.

2018 ◽  
Author(s):  
Sebastian Daza ◽  
Alberto Palloni
Keyword(s):  
Income Inequality ◽  
Life Expectancy ◽  
Causal Effect ◽  
Adult Mortality ◽  
Mortality Data ◽  
Income Mobility ◽  
Data Set ◽  
Intergenerational Income Mobility ◽  
Race Ethnicity ◽  
The U.S

We assess the magnitude of the association between intergenerational income mobility and US adult mortality by gender, age group, race/ethnicity and the causes of death. We use a data set from The Health Inequality Project and CDC mortality data at the county level. We find that under different model specifications the association between income mobility and adult mortality is strong, properly signed, and consistent with our hypotheses. If the association we find reflects a causal effect it would translate into shifts in life expectancy at age 40 of as much as 2.0-4.8 years among males and 0.1-2.0 among females, equivalent to 5.1-12.5 and 0.2-4.7 percent of the U.S. male and female life expectancy at age 40 respectively. On average, these effects are 1.5 to 2.5 times as large as those of income inequality and represent between 40 (males) and 25 (females) percent of the magnitude of an income shift from the lowest to the highest quartile of the U.S. income distribution.

St. Petersburg industrial policy: Determining the factors of structural changes in industry through Shift-Share Analysis

2020 ◽  
Vol 18 (5) ◽  
pp. 909-939
Author(s):  
M.V. Dement'ev
Keyword(s):  
Industrial Policy ◽  
Structural Transformation ◽  
Mechanical Engineering ◽  
Manufacturing Industry ◽  
Structural Changes ◽  
Analysis Method ◽  
Factor Analyses ◽  
Further Development ◽  
Positive Results

Subject. This article examines the theoretical and practical aspects of the implementation of industrial policy and the structural transformation of the manufacturing industry in St. Petersburg. Objectives. The article aims to justify the priority of the industry-based approach to industrial policy in St. Petersburg and determine its effectiveness by highlighting the factors of structural transformation of the city's manufacturing industry using the Shift-Share Analysis method. Methods. For the study, I used logical, statistical, and factor analyses. Results. Based on shift-share analysis, the study highlights positive results of industrial policy in the development of certain industries in St. Petersburg, as well as those industries that require further development of urban industrial policy. Conclusions. Despite the fact that the industry of St. Petersburg as a whole has become more stable, problems in the development of mechanical engineering and production of computers, electronic and optical products have not yet been solved.

Gender Differences and Inequality in the U.S. Labor Market

2017 ◽  
Author(s):  
Aboozar Hadavand ◽  
Sarah Thomas
Keyword(s):  
Gender Differences ◽  
Labor Market ◽  
The U.S
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