Intergenerational mobility: An assessment for Latin American countries
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Tarih
2022
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper aims to study the process of intergenerational income mobility in some Latin American economies (Brazil and Panama), which have been much neglected in the relevant literature. Like other countries in the area, Brazil and Panama have a stagnant economy coupled with high income inequal-ity. Our rich dataset allows us to provide the most reliable estimates of intergenerational mobility, after controlling for a number of additional control variables which were unavailable in previous studies. We provide estimates broken down for different genders, age groups, locations, education of fathers. Our re-sults are robust to different specifications and suggest that previous studies significantly overrated the extent of the intergenerational mobility in the countries considered. However, our figures are still com-patible with an extremely low degree of social mobility. Moreover, we show that behind social immobility there is also a sluggish process of structural change and an insufficiently progressive tax system.(c) 2021 Elsevier B.V. All rights reserved.
Açıklama
Anahtar Kelimeler
Intergenerational mobility, Structural change, Brazil, Panama, Latin American economies
Kaynak
Structural Change and Economic Dynamics
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
60
