Date of Award
5-2014
Degree Type
Thesis
Degree Name
Master of Science (MS)
Department
Economics and Finance
Committee
Not specified
Abstract
This paper estimates the intergenerational income elasticity for four differently related groups. The results are IGE’s of 0.1368 between fathers and sons, 0.1734 between fathers and daughters, 0.2076 between mothers and sons and 0.2217 between mothers and daughters. These results are compared to previous studies and found to be significantly lower. Possible explanations are the simple passing of time between studies, the financial recession of 2008, and short-run data availability in the dataset. This study includes many control variables to find explanations of the IGE. The level of schooling is of sole importance and explains up to 49 percent of the IGE for fathers and around 33 percent of the IGE for mothers.
Recommended Citation
Mueller, Christina, "The Intergenerational Income Elasticity in the NLSY97 Dataset" (2014). All Graduate Plan B and other Reports, Spring 1920 to Spring 2023. 396.
https://digitalcommons.usu.edu/gradreports/396
Copyright for this work is retained by the student. If you have any questions regarding the inclusion of this work in the Digital Commons, please email us at .