New Estimates of Intergenerational Mobility in Australia

26 Pages Posted: 12 Oct 2015

See all articles by Silvia Mendolia

Silvia Mendolia

University of Aberdeen

Peter Siminski

University of Wollongong - School of Economics

Abstract

We present new estimates of intergenerational earnings elasticity for Australia. We closely follow the methodology used by Leigh (2007), but use considerably more data (twelve waves of HILDA and four waves of PSID). Our adjusted estimates are intended to be comparable to those for other countries in Corak (2013). Our preferred estimate (0.35) is considerably higher than implied by Leigh’s study, and is less subject to sampling variation. In an international context, intergenerational mobility in Australia is not particularly high, and is consistent with its relatively high level of cross-sectional inequality.

Keywords: intergenerational mobility, inequality

JEL Classification: J62, J24

Suggested Citation

Mendolia, Silvia and Siminski, Peter, New Estimates of Intergenerational Mobility in Australia. IZA Discussion Paper No. 9394, Available at SSRN: https://ssrn.com/abstract=2672180 or http://dx.doi.org/10.2139/ssrn.2672180

Silvia Mendolia (Contact Author)

University of Aberdeen ( email )

Dunbar Street
Aberdeen, Scotland AB24 3QY
United Kingdom
0044 1224 272182 (Phone)

Peter Siminski

University of Wollongong - School of Economics ( email )

Northfields Avenue
Wollongong, New South Wales 2522
Australia

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