TY - RPRT AU - Manduca, Robert AU - Hell, Maximilian AU - Adermon, Adrian AU - Blanden, Jo AU - Bratberg, Espen AU - Gielen, Anne C. AU - Kippersluis, Hans van AU - Lee, Keun Bok AU - Machin, Stephen AU - Munk, Martin D. AU - Nybom, Martin AU - Ostrovsky, Yuri AU - Rahman, Sumaiya AU - Sirniƶ, Outi TI - Trends in Absolute Income Mobility in North America and Europe PY - 2020/Jul/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 13456 UR - https://www.iza.org/index.php/publications/dp13456 AB - We compute rates of absolute upward income mobility for the 1960-1987 birth cohorts in eight countries in North America and Europe. Rates and trends in absolute mobility varied dramatically across countries during this period: the US and Canada saw upward mobility rates near 50% for recent cohorts, while countries like Norway and Finland saw sustained rates above 70%. Decomposition analysis suggests that differences in the marginal income distributions, especially the amount of cross-cohort income inequality, were the primary driver of differing mobility rates across countries. We also demonstrate that absolute mobility rates can be accurately estimated without linked parent-child data. KW - absolute intergenerational mobility KW - income KW - international comparison ER -