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Intergenerational mobility in Britain

Dearden, Lorraine, Machin, Stephen and Reed, H. (1996) Intergenerational mobility in Britain. CEPDP, 281. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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Abstract

In this paper we use longitudinal data on children and their parents to assess the extent of intergenerational mobility in Britain. Based on data from the National Child Development Survey, a cohort of all individuals born in a week of March 1958, we find that the extent of intergenerational mobility is limited. We report an intergenerational correlation of the order .40 to.60 for fathers and sons and .45 to.70 for fathers and daughters in terms of labour market earnings and years of schooling. An examination of quartile transition matrices between parental and child earnings outcomes reveals a similar pattern. Finally, it seems, on the basis of these transition matrices, that there is an important asymmetry in intergenerational earnings mobility with upward mobility from the bottom, of the earnings distribution being more likely than downward mobility from the top.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk
Additional Information: © 1996 the authors
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
Sets: Research centres and groups > Centre for the Economics of Education (CEE)
Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: 281
Date Deposited: 12 Aug 2008 14:15
URL: http://eprints.lse.ac.uk/20681/

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