Nonlinearity in intergenerational income transmission: A cross-country analysis

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Abstract

The aim of this paper is to explore nonlinearity in intergenerational income transmission. We use a set of occupational tables in different countries to test nonlinearity. We also empirically address how policy variables can affect nonlinearity. Our findings suggest that concavity is supported in those societies with less credit constraints, but with more poverty and income inequality; education has an increasing effect on convexity.
Original languageEnglish
Pages (from-to)1-10
Number of pages10
JournalEconomic Analysis and Policy
Volume52
Publication statusPublished - 2016

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)

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