TY  - RPRT
        AU  - Murray, Chelsea
AU  - Clark, Robert
AU  - Mendolia, Silvia
AU  - Siminski, Peter
        TI  - Direct Measures of Intergenerational Income Mobility for Australia
        PY  - 2017/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11020
        UR  - https://www.iza.org/index.php/publications/dp11020
        AB  - We present the first Australian estimates of intergenerational mobility that draw on direct observations of income from two generations. Using panel data for three birth cohorts of young adults from the Household, Income and Labour Dynamics Australia survey, the estimated intergenerational income elasticity is 0.28. Correcting for attenuation bias raises this to 0.41. We estimate the rank correlation to be 0.27. 
We show that Australia has greater mobility than the US and this is not sensitive to methodological choices. We also show that spousal selection and family structure may be important determinants of income persistence across generations.
        KW  - Australia
KW  - intergenerational mobility
KW  - HILDA
        ER  -