TY  - RPRT
        AU  - Nilsen, Øivind Anti
AU  - Vaage, Kjell
AU  - Aakvik, Arild
AU  - Jacobsen, Karl
        TI  - Estimates of Intergenerational Elasticities Based on Lifetime Earnings
        PY  - 2008/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 3709
        UR  - https://www.iza.org/index.php/publications/dp3709
        AB  - Using Norwegian intergenerational data with a substantial part of the life-cycle earnings of children and almost the entire life-cycle earnings for their fathers, we present new estimates of intergenerational mobility. Extending the length of the fathers' earnings windows from 5 to 30 years increases the estimated elasticities. Increasing the age of father at observation has the opposite effect. Our findings indicate that intergenerational earnings mobility may have been strongly overstated in many earlier studies with shorter earnings histories. Biases in the estimated elasticities appear to be related to age and/or life-cycle measurement errors more than persistency in the transitory innovations.
        KW  - intergenerational mobility
KW  - measurement error
        ER  -