6533b824fe1ef96bd128165d

RESEARCH PRODUCT

Nonlinearity in intergenerational income transmission: A cross-country analysis

Valentino DardanoniMaria Berrittella

subject

Economics and EconometricsEconomics Econometrics and Finance (miscellaneous)Affect (psychology)Convexitylaw.inventionEducationEconomic inequalitylaw0502 economics and business050602 political science & public administrationEconometricsEconomics050207 economicsIncome inequalitySet (psychology)Credit constraintCross country analysisPublic economicsPoverty05 social sciencesComputer Science::Computers and Society0506 political scienceNonlinear systemBecker–Tomes modelTransmission (mechanics)Settore SECS-P/03 - Scienza Delle FinanzeNonlinearity.

description

Abstract The aim of this paper is to explore nonlinearity in intergenerational income transmission. We use a set of occupational tables in different countries to test nonlinearity. We also empirically address how policy variables can affect nonlinearity. Our findings suggest that concavity is supported in those societies with less credit constraints, but with more poverty and income inequality; education has an increasing effect on convexity.

10.1016/j.eap.2016.06.005http://hdl.handle.net/10447/226687