Using harmonized household survey data, we analyze long-run social mobility in the United States, the United Kingdom, and Germany, and test recent theories of multigenerational persistence of socioeconomic status.
Dynastic Inequality Compared: Multigenerational Mobility in the United States, the United Kingdom and Germany
Article in the review of income and wealth
Institut der deutschen Wirtschaft (IW)
Using harmonized household survey data, we analyze long-run social mobility in the United States, the United Kingdom, and Germany, and test recent theories of multigenerational persistence of socioeconomic status.
In this country comparison setting, we find evidence against a universal law of social mobility. Our results show that the long-run persistence of socioeconomic status and the validity of a first-order Markov chain in the intergenerational transmission of human capital is countryspecific. Furthermore, we find that the direct and independent effect of grandparents_ social status on grandchildren_s status tends to vary by gender and institutional context.
Guido Neidhöfer/ Maximilian Stockhausen: Dynastic Inequality Compared – Multigenerational Mobility in the United States, the United Kingdom and Germany
Article in the review of income and wealth
Institut der deutschen Wirtschaft (IW)
Punching up or Punching down?: How Stereotyping the Rich and the Poor Impacts Redistributive Preferences in Germany
Redistribution and the welfare state have been linked by academic discourse to narratives that portray specific societal groups as ‘deserving’ or ‘undeserving’. The present analysis contributes to this scholarship in a twofold manner.
IW
Big-Mac-Index: Der etwas andere Wechselkurs
Ökonomiestudenten lieben den Big-Mac-Index, weil er das Zusammenspiel von Wechselkurs und Preisniveau so anschaulich macht. Seine Aussagekraft ist allerdings eingeschränkt.
iwd