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January 18, 2024: Markus Jäntti (SOFI, Stockholm University)

Intergenerational income mobility and assortative mating in Sweden

(joint work with Jesper Roine of the Stockholm School of Economics)

Abstract

Intergenerational income mobility is mostly studied by examining the association of fathers' and sons' (long-run) labour earnings. Broadening from this narrow focus, we demonstrate that in Sweden, both the level and trend in intergenerational mobility varies by both population -- father/mother/both parents against sons/daughters/all offspring -- as well as  income concept. We explore the welfare implications of both inter- and intragenerational mobility mobility and, once family incomes have been introduced, assortative mating. We further conduct some explorative analysis of policy changes with potential to affect patterns of assortative mating.