Trends in absolute income mobility in North America and Europe

Published: 31 August 2020
Author: Adrian Adermon, And Martin Nybom, And

We compute rates of absolute upward income mobility for the 1960-1987 birth cohorts in eight countries in North America and Europe. Rates and trends in absolute mobility varied dramatically across countries during this period: the US and Canada saw upward mobility rates near 50% for recent cohorts, while countries like Norway and Finland saw sustained rates above 70%. Decomposition analysis suggests that differences in the marginal income distributions, especially the amount of cross-cohort income inequality, were the primary driver of differing mobility rates across countries. We also demonstrate that absolute mobility rates can be accurately estimated without linked parent-child data.

Contact

Researchers at IFAU:
Martin Nybom, tel. +46(0)18-471 70 79, E-mail martin.nybom@ifau.uu.se,

or Adrian Adermon, tel +46(0)18-471 70 86 , E-mail adrian.adermon@ifau.uu.se.

IFAU Working Paper is written by a a number of international researchers, you find all contactinformation to them at the Abstract-page in the attached PDF-document.