Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)
From rags to riches? Intergenerational transmission of income in Europe
() and Wilfried Altzinger
Abstract: The paper uses data from the European Union Statistics on
Income and Living Conditions (EU-SILC) 2005 to analyze intergenerational
income mobility in Austria compared to other European Union members.
Applying various methodological approaches like least squares estimations
and quantile regressions we reveal substantial differences in
intergenerational mobility between Scandinavian countries and Continental
Europe. The results show that income class rigidities in most European
countries are striking compared to the Nordic countries.
JEL-Codes: D30; E24; J62; (follow links to similar papers)
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