Intergenerational mobility of earnings in South Korea

    Research output: Contribution to journalArticle

    10 Citations (Scopus)

    Abstract

    The purpose of this study is to estimate the extent of intergenerational mobility of earnings in the Republic of Korea (South Korea). The elasticity of children's earnings with respect to parent's earnings is estimated using household microdata. When the simulation extrapolation (SIMEX) method is applied along with the multiyear-average method, the elasticity is estimated to be 0.24 or less for sons approximately 30 years old. When the two-stage approach is applied, the elasticity is approximately 0.25 for sons and 0.35 for daughters in their 30s, and approximately 0.35 for sons and 0.4 for daughters from 25 to 54 years old. Nonparametric regression illustrates that sons from low-income families in the younger generation have more equal opportunities than in the older generation.

    Original languageEnglish
    Pages (from-to)33-41
    Number of pages9
    JournalJournal of Asian Economics
    Volume27
    DOIs
    Publication statusPublished - 2013 Aug

    Fingerprint

    Elasticity
    South Korea
    Intergenerational mobility
    Equal opportunities
    Simulation
    Household
    Nonparametric regression
    Extrapolation
    Low-income families
    Micro data
    Republic of Korea

    Keywords

    • Intergenerational mobility
    • Measurement error
    • Simulation extrapolation

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Finance

    Cite this

    Intergenerational mobility of earnings in South Korea. / Ueda, Atsuko.

    In: Journal of Asian Economics, Vol. 27, 08.2013, p. 33-41.

    Research output: Contribution to journalArticle

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