Abstract
AbstractWe explore the relationship between social mobility and economic development. First, we map the geography of intergenerational mobility in education for 52 Latin American regions, and examine its evolution over time. Then, through a new weighting procedure considering the level of participation of various cohorts in the economy in each year, we estimate the association between changes in mobility and regional economic indicators, such as income per capita, inequality, poverty, labor formality, and luminosity. Our findings show that increasing social mobility is consistently associated with economic development and growth in Latin America.
Funder
ZEW – Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim
Publisher
Springer Science and Business Media LLC
Subject
Economics and Econometrics
Reference83 articles.
1. Aghion, P., Akcigit, U., Bergeaud, A., Blundell, R., & Hémous, D. (2019). Innovation and top income inequality. The Review of Economic Studies, 86, 1–45.
2. Aiyar, S., & Ebeke, C. (2020). Inequality of opportunity, inequality of income and economic growth. World Development, 136, 105115.
3. Alesina, A., Hohmann, S., Michalopoulos, S., & Papaioannou, E. (2021). Intergenerational mobility in Africa. Econometrica, 89, 1–35.
4. Almond, D. (1918). Is the influenza pandemic over? Long-term effects of in utero influenza exposure in the post-1940 US population. Journal of Political Economy, 114(2006), 672–712.
5. Arellano, M., & Bover, O. (1995). Another look at the instrumental variable estimation of error-components models. Journal of Econometrics, 68, 29–51.