Measuring Upward Mobility

被引：3

作者：

Ray, Debraj ^{[2
]}

Genicot, Garance ^{[1
]}

机构：

[1] Georgetown Univ, Dept Econ, Washington, DC USA

[2] NYU, Dept Econ, New York, NY 10003 USA

来源：

AMERICAN ECONOMIC REVIEW | 2023年 / 113卷 / 11期

关键词：

INTERGENERATIONAL INCOME MOBILITY; PRO-POOR GROWTH; INEQUALITY; TRENDS; ASPIRATIONS; FRAMEWORK; POVERTY; INDEXES;

D O I：

10.1257/aer.20220316

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We conceptualize and measure upward mobility over income or wealth. At the core of our exercise is the Growth Progressivity Axiom: transfers of instantaneous growth rates from relatively rich to poor individuals increases upward mobility. This axiom, along with mild auxiliary restrictions, identifies an "upward mobility kernel" with a single free parameter, in which mobility is linear in individual growth rates, with geometrically declining weights on baseline incomes. We extend this kernel to trajectories over intervals. The analysis delivers an upward mobility index that does not rely on panel data. That significantly expands our analytical scope to data- poor settings.

引用

页码：3044 / 3089

页数：46

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