- Adults, general public, 30 OECD Countries, 1997-2001
- N = 45000
- Non Response
- not reported
- Interview: face-to-face
- Authors's Label
- Labour market mobility (income mobility)
- Our Classification
- Error Estimates
- Available for 12 OECD countries in the sample.
- Intergenerational earnings elasticity is based on the theoretical framework by Becker and Tomes (1979)
- Australia: -.162 Canada: -.19 Denmark: -0.15 Finland: -.18 France: -.41 Germany: -.32 Italy: -.48 Norway: -.17 Spain: -.32 Sweden: -.27 United Kingdom: -.50 United States: -.47
- Intergerational earnings elasticity: Dependency of one's own life-time income to parental income based on a farther son comparison.
Value 0 denotes no dependency between between parent and child outcomes, value -1 denotes complete dependency between parent and child outcomes.
Observed Relation with Happiness
B's are controlled for:
- National net income per capita
- Individual demographic factors
- Individual socio-economics factors
B +1.2 means that complete dependency between parent and child outcomes in nation goes with -1.2 points less happiness on the scale 0-10 compared to complete no income mobility
- with low income mobility and high income inequality
- with high income mobilty and low income inequality