TY  - RPRT
        AU  - Stuhler, Jan
        TI  - Empirical Strategies to Eliminate Life-Cycle Bias in the Intergenerational Elasticity of Earnings Literature
        PY  - 2010/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5245
        UR  - https://www.iza.org/index.php/publications/dp5245
        AB  - I argue that the empirical strategies for estimation of the intergenerational elasticity of lifetime earnings that are currently employed in the literature might not eliminate bias arising from life-cycle effects. Specifically, I demonstrate that procedures based on the generalized errors-in-variables model suggested by Haider and Solon (2006) or the consideration of differential earnings growth rates across subpopulations may not yield unbiased or consistent estimates. I further argue that instrumental variable estimators will not identify an upper bound for the true population parameter.
        KW  - generalized errors-in-variables model
KW  - intergenerational mobility
KW  - intergenerational elasticity of earnings
KW  - life-cycle bias
        ER  -