How to get ahead in life: some correlates of intergenerational income mobility in Canada - ARCHIVED

The focus of this chapter is on the extent and nature of intergenerational income mobility, that is the degree to which an individual's income (as an adult) is related to the income earned by his or her parents (during the individual's childhood). As such our analysis is related to the economic literature surveyed for example in Becker and Tomes (1986), and more recently by Björklund and Jäntti (1997). However, we follow Hill and Duncan (1987) in suggesting that distinguishing between the various components of a family's income provides a way of incorporating both economic and sociological explanations into an empirical model of income mobility.