@TechReport{iza:izadps:dp4714,
            	author={Aaberge, Rolf and Mogstad, Magne and Peragine, Vito},
            	title={Measuring Long-Term Inequality of Opportunity},
            	year={2010},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={4714},
            	url={https://www.iza.org/publications/dp4714},
	abstract={In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined as the minimum annual expenditure an individual would need in order to be as well off as he could be by undertaking inter-period income transfers. There is long-term ex-post inequality of opportunity if individuals who exert the same effort have different permanent incomes. In comparison, the ex-ante approach focuses on the expected permanent income for individuals with identical circumstances. Hence, the ex-ante approach pays attention to inequalities in expected permanent income between different types of individuals. To demonstrate the empirical relevance of a long-run perspective on EOp, we exploit a unique panel data from Norway on individuals' incomes over their working lifespan.},
	keywords={permanent income;inequality;social welfare;equality of opportunity;intertemporal choice;ex-ante;ex-post},
            }