A Group-Specific Measure of Intergenerational Persistence

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A Group-Specific Measure of Intergenerational Persistence

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Title: A Group-Specific Measure of Intergenerational Persistence
Author: Hertz, Tom
Abstract: This paper outlines a decomposition technique that allows for inter-group comparisons of intergenerational persistence in economic status, for groups whose means are different. It takes account of both within- and between-group sources of the covariance of parents’ and children’s outcomes, and yields results that are quite different, and arguably more meaningful, than the simple comparison of within-group regression estimates.
Description: Working Paper No. 2007-16. 12 pages.
URI: http://hdl.handle.net/1961/4998
Date: 2007-07


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