%0 Report %A Manduca, Robert %A Hell, Maximilian %A Adermon, Adrian %A Blanden, Jo %A Bratberg, Espen %A Gielen, Anne C. %A Kippersluis, Hans van %A Lee, Keun Bok %A Machin, Stephen %A Munk, Martin D. %A Nybom, Martin %A Ostrovsky, Yuri %A Rahman, Sumaiya %A Sirniƶ, Outi %T Trends in Absolute Income Mobility in North America and Europe %D 2020 %8 2020 Jul %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 13456 %U https://www.iza.org/publications/dp13456 %X 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. %K absolute intergenerational mobility %K income %K international comparison