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Persistent inequality: mobility and intergenerational redistribution

Abstract:
We approximate inequality as a dynamic problem where parents make decisions about how much and how to invest in the economic opportunities of the next generation. Theoretically, we analyze the degree to which sclerosis of local labor markets (lack of mobility) plays a role in the elder generation’s choice and reinforces the inclination by high and middle income households not to support public investment in human capital formation, thereby reinforcing inequality across generations. We evaluate this feedback loop using a wide range of USA and European micro-data.
Publication status:
Not published
Peer review status:
Not peer reviewed

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Institution:
University of Oxford
Division:
SSD
Department:
Politics & Int Relations
Oxford college:
Nuffield College
Role:
Author
ORCID:
0000-0001-8371-0507


Publisher:
American Political Science Association
Acceptance date:
2022-03-07
Event title:
American Political Science Association Annual Conference 2022
Event location:
Montreal, Canada
Event website:
https://connect.apsanet.org/apsa2022/
Event start date:
2022-09-15
Event end date:
2022-09-18


Language:
English
Pubs id:
1287686
Local pid:
pubs:1287686
Deposit date:
2022-10-27

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