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Department of Economics, WU (Wirtschaftsuniversität Wien) Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)

No 135:
From rags to riches? Intergenerational transmission of income in Europe

Matthias Schnetzer () 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)

March 2011

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