Abstract
We estimate long-run trends in intergenerational relative mobility for representative samples of the US-born population. Harmonizing all surveys that include father’s occupation and own family income, we develop a mobility measure that allows for the inclusion of nonwhite individuals and women for the 1910s–1970s birth cohorts. We show that mobility increases between the 1910s and 1940s cohorts and that the decline of Black-white income gaps explains about half of this rise. We also find that excluding Black Americans, particularly women, considerably overstates the level of mobility for twentieth-century birth cohorts while simultaneously understating its increase between the 1910s and 1940s.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 306-354 |
| Number of pages | 49 |
| Journal | Journal of Political Economy |
| Volume | 133 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jan 2025 |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics