TY  - RPRT
        AU  - Haeck, Catherine
AU  - Laliberté, Jean-William
        TI  - Careers and Intergenerational Income Mobility
        PY  - 2023/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16273
        UR  - https://www.iza.org/publications/dp16273
        AB  - This paper uses Census microdata linked with tax records to quantify the contribution of career choices - occupations and fields of study - to intergenerational income mobility. We document substantial segregation into occupations by parental income. Yet, the occupations children pursue explain only a third of the intergenerational persistence of income. We further describe patterns of intergenerational occupational following and show they vary substantially across occupations, with low-paying occupations showing more persistence across generations on average. However, clustering into occupations based on parental income is mostly independent of parental occupations. Our results demonstrate that occupational persistence only weakly contributes to income immobility.
        KW  - occupational choice
KW  - intergenerational mobility
KW  - income inequality
        ER  -