Moving Towards Estimating Sons' Lifetime Intergenerational Economic Mobility in the UK
研究了英国1970年出生队列的终身代际经济流动性，综合处理生命周期偏差、衰减偏差和样本选择问题，估计代际经济持续性为0.43，并指出该值可能仍是下限。
Abstract Estimates of intergenerational economic mobility that use point in time measures of income and earnings suffer from lifecycle and attenuation bias. They also suffer from sample selection issues and further bias driven by spells out of work. We consider these issues together for UK data, the National Child Development Study and British Cohort Study, for the first time. When all three biases are considered, our best estimate of lifetime intergenerational economic persistence in the UK is 0.43 for children born in 1970. Whilst we argue that this is the best available estimate to date, we discuss why there is good reason to believe that this is still a lower bound, owing to residual attenuation bias.