Estimation of sons' intergenerational earnings mobility in the presence of censoring
利用收入动态面板研究数据,针对儿子失业导致的删失问题,采用非参数边界估计方法,重新估计了男性代际收入流动性,得到可行斜率范围为0.27至0.55。
Abstract Based on intergenerational data from the Panel Study of Income Dynamics, I provide estimates of income mobility across generations for men. Special attention is paid to issues of censoring caused by a son's unemployment. Employing non‐parametric bounds estimates, I illustrate that previous income mobility estimates rely heavily on (unjustified) assumptions of exogenous selection. Assuming a son's potential income is instead a function of his reason for unemployment and work history, I re‐estimate mobility. Allowing for sampling variability, the range of feasible slopes consistent with these modified bounds restrictions is 0.27 to 0.55. Copyright © 2002 John Wiley & Sons, Ltd.