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Follow us Family Income Mobility-How Much Is There and Has It Changed?
Gottschalk, Peter, and Sheldon H. Danziger. 1997. "Family Income Mobility-How Much Is There and Has It Changed?" PSC Research Report No. 97-405. September 1997.
We use longitudinal data from the Panel Study of Income Dynamics for the period from 1968 through 1991 to measure the level and trend in family income mobility using annual and multiple-year income measures. Using a variety of measures, we document that there is substantial mobility across income classes. However, the extent of mobility has not increased over the past two decades. As a result, the rising inequality of annual income that has been so widely documented has been accompanied by rising inequality of multi-year income as well.
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