<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This paper explores the relationship between economic growth and intergenerational mobility in the United States. Data from metropolitan statistical areas in the U.S. is used to examine how two measures of intergenerational mobility impact growth rates. More precisely, I examine how absolute income mobility and relative income mobility are related the growth rate of real gross metropolitan product (RGMP) from 2001 to 2011. I find that absolute mobility has a positive relationship with RGMP growth over the time period, and that relative mobility exhibits a negative relationship with RGMP. Results are found to be robust to two stage least squares estimation.</p></abstract>

This paper explores the relationship between economic growth and intergenerational mobility in the United States. Data from metropolitan statistical areas in the U.S. is used to examine how two measures of intergenerational mobility impact growth rates. More precisely, I examine how absolute income mobility and relative income mobility are related the growth rate of real gross metropolitan product (RGMP) from 2001 to 2011. I find that absolute mobility has a positive relationship with RGMP growth over the time period, and that relative mobility exhibits a negative relationship with RGMP. Results are found to be robust to two stage least squares estimation.

The Impact of Intergenerational Mobility on Msa Growth in the United States

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"The Impact of Intergenerational Mobility on Msa Growth in the United States"}

This paper explores the relationship between economic growth and intergenerational mobility in the United States. Data from metropolitan statistical areas in...

The Impact of Intergenerational Mobility on Msa Growth in the United States

Published Online: May 20, 2020

Page range: 127 - 141

DOI: https://doi.org/10.2478/sbe-2020-0011

Keywords
Intergenerational Mobility, Absolute Mobility, RGMP Growth

© 2020 Mauro Joseph, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The Impact of Intergenerational Mobility on Msa Growth in the United States

Published Online: May 20, 2020

Page range: 127 - 141

DOI: https://doi.org/10.2478/sbe-2020-0011

KeywordsIntergenerational Mobility, Absolute Mobility, RGMP Growth

© 2020 Mauro Joseph, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Intergenerational Mobility, Absolute Mobility, RGMP Growth