Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. Originally published in 2004, this book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.
• Goes to the heart of debates about the strengths and weaknesses of North American social rules compared to Europe • Some surprising conclusions challenge received wisdom about degree of social mobility in North America • Prestigious authors from North America and Europe tackle this massively important topic
1. Introduction M. Corak; 2. A model of intergenerational mobility variation over time and place G. Solon; 3. Equal opportunity and intergenerational mobility: going beyond intergenerational income transition matrices John E. Roemer; 4. Intergenerational mobility for whom? The experience of high and low earning sons in international perspective N. Grawe; 5. Trends in the intergenerational economic mobility of sons and daughters in the United States S. Mayer and L. Lopoo; 6. Changes in intergenerational mobility in Britain J. Blanden, A. Goodman, P. Gregg and S. Machin; 7. Intergenerational mobility in Britain: new evidence from the British household panel survey J. Ermisch and M. Francesconi; 8. Nonlinear patterns of intergenerational mobility in Germany and the United States K. Couch and D. Lillard; 9. Family structure and labour market success A. Björklund, E. Österbacka, M. Jäntti, O. Raaum and T. Eriksson; 10. New evidence on the intergenerational correlations in welfare participation M. Page; 11. Intergenerational influences on the receipt of unemployment insurance in Canada and Sweden M. Corak, B. Gustafsson and T. Österberg; 12. Unequal opportunities and the mechanisms of social inheritance G. Esping-Andersen; Conclusion.