Measurement and Cross-Country Differences

This does work in the comparison of the scandinavian

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Unformatted text preview: the Scandinavian countries with the U.S., where cross-sectional inequality has increased more substantially over time. Studies that ask why estimates may differ across country/time focus on role of institutions/government o Solon (2004): IGE lower with progressivity of government education o Ichino, Karabarbounis, Moretti (2009): political economy consideration are important for education policy and thus influence the IGE o Mayer and Lopoo (2008): IGE higher in low spending (education) states o Pekkarinen Uusitalo, Kerr (2008): a reduction in tracking in Finland leads to increased intergenerational mobility, lower IGE. 62 Journal of Economic Perspectives Source: Solon (2002) Table 1 Estimates of Intergenerational Earnings Elasticities in Countries Other than the United States Study Sample Earnings Measure and Age Range for Sons Father’s Earnings Measure ˆ b Log hourly earnings at survey date (1975–78)a Log weekly earnings in 1950 0.42 Bjorklund and ¨ Jantti (1997) ¨ Fathers in working-class neighborhoods of York, England, in 1950 and their sons Swedish Level of Living Surveys Log annual earnings in 1990; ages 29–38 0.28 Corak and Heisz (1999) Canadian income tax records Log annual earnings in 1995; ages 29–32 Couch and Dunn (1997) German SocioEconomic Panel Log of multiyear (up to six-year) average of annual earningsb Dearden, Machin and Reed (1997) British National Child Development Survey Log weekly earnings in 1991; age 33 Gustafsson (1994) Fathers in Stockholm, Sweden, in 1955 and their sons born in 1939–46 Co-residing fathers and sons in two South African surveys Finnish censuses Four-year average of log individual income; ages 31–41 Prediction of log annual earnings based on education and occupation Log of ve-year average of annual earnings Log of multiyear (up to six-year) average of annual earnings Prediction of log weekly earnings based on education and social class Log individual income in 1955 Atkinson, Maynard and Trinder (1983) Hertz (2001) Jantti and ¨ Osterbacka (1996) Lillard and Kilburn (1995) Osterbacka (2001) Malaysian Family Life Surveys Finnish censuses Osterberg (2000) Swedish income tax records Wiegand (1997) German SocioEconomic Panel a Monthly earnings in 1993 or 1998; ages 16–39 Log annual earnings in 1990; ages 30–40 Log annual earnings in 1988d Log of three-year average of annual earnings; ages 25–45 Three-year average of log annual earnings; ages 25–51 Log monthly earnings in 1994; ages 27–33 0.23 0.1...
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This document was uploaded on 02/26/2014 for the course ECON 560 at The University of British Columbia.

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