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- Title
Intergenerational Mobility as a Determinant of Socio-economic Status: A Theoretical Discussion.
- Authors
Murshed, Mustafa
- Abstract
Intergenerational mobility describes how the socio-economic status of a child is influenced by his/her parent's status. Having equal abilities children from different families don't have the equal options in leading their lives. This paper articulates two estimating model namely, OLS and Quintile Regression and interestingly neither of these models is exempted from biases. The unavailability of data from two separate generations lead to measurement error and life-cycle bias. These problems can be address by considering measurement error model and taking control of parent's and child's age (in homogeneous sample). Meanwhile, the result also suffers from sample selection problem because in most of the cases the represented samples that characterize the children's and parents' statuses are not random. To mitigate the problem of sample selection a combination of Heckman-type correction method and weighted least squares is used as it produces better result(s). This paper is not a primary works rather the whole discussion is based on secondary evidences.
- Subjects
INTERGENERATIONAL mobility; SOCIAL status; SOCIAL conditions of children; MEASUREMENT errors; PARENTS; SOCIAL history
- Publication
Bangladesh e-Journal of Sociology, 2012, Vol 9, Issue 1, p19
- ISSN
1819-8465
- Publication type
Article