Lecture notes empirical studies of mobility 10_13

Lecture notes empirical studies of mobility 10_13 -...

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Empirical Studies of Mobility: I American Exceptionalism? 10/13/2009 1 Economics 130 Michael Rothschild
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Basic (only) empirical analysis of “American Exceptionalism” Finds US more mobile than Britain in 19 th century but by mid 20 th century Britain was more mobile. 10/13/2009 2 Economics 130 Michael Rothschild
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Another analysis of Ferrie’s data Data from Ferrie and Long “The Path to Convergence: Intergenerational Occupational Mobility In Britain and the U.S. in Three Eras.”. The Economic Journal 117 (March 2007): C61- C71 10/13/2009 3 Economics 130 Michael Rothschild
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Comparing Britain and US Occupational mobility between four categories of occupation: White Collar, Farmer, Skilled & Semi-Skilled, Unskilled Rows are father's occupation, Columns are sons occupation 10/13/2009 4 Economics 130 Michael Rothschild
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The Basic Data 10/13/2009 5 Economics 130 Michael Rothschild
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Normalized to Markov Matrices 1860 1880 1950’s 10/13/2009 6 Economics 130 Michael Rothschild
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Second Largest Eigen Values 1860 1881 1950’s UK .74 .53 .56 US .33 .40 .65 Smaller is more mobile UK getting more mobile US getting less mobile In UK most change in 19 th century In US most change in 20 th century 10/13/2009 7 Economics 130 Michael Rothschild
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Second Largest Eigen Values 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 1860 1880 1950's UK US 10/13/2009 8 Economics 130 Michael Rothschild
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Why did this happen? Ferrie’s tentative explanation:
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This note was uploaded on 03/15/2010 for the course ECON Econ 147 taught by Professor None during the Fall '09 term at UCLA.

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Lecture notes empirical studies of mobility 10_13 -...

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