A New Look at Intergenerational Mobility in Germany Compared to the U.S
重新比较德国和美国的代际流动性，发现尽管德国弹性估计值更低，但数据可比时两国流动性相似，且两国收入最低四分之一儿子的流动性更高，德国这一结果主要由中上收入父亲儿子的高向下流动驱动。
Motivated by contradictory evidence on intergenerational mobility in G ermany, I present a cross‐country comparison of G ermany and the U . S ., reassessing the question of whether intergenerational mobility is higher in G ermany than in the U . S . I can reproduce the standard result from the literature, which states that the G erman intergenerational elasticity estimates are lower than those for the U . S . However, based on highly comparable data, even a reasonable degree of variation in the sampling rules leads to similar estimates in both countries. I find no evidence for non‐linearities along the fathers' earnings distribution. In contrast, the analysis shows that mobility is higher for the sons at the lowest quartile of the sons' earnings distribution in both countries. In G ermany this result is mainly driven by a high downward mobility of sons with fathers in the upper middle part of the earnings distribution. The corresponding pattern is clearly less pronounced in the U . S .