Open Access
The intragenerational mobility of the top income earners during financial crises, a story of a cohort
Loading...
Files
The_intragenerational_mobility_Art_2023.pdf (2.88 MB)
Full-text in Open Access, Published version
License
Attribution 4.0 International
Cadmus Permanent Link
Full-text via DOI
ISBN
ISSN
1040-2608
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Author(s)
Citation
Advances in life course research, 2023, Vol. 58, Art. 100565, OnlineOnly
Cite
FEDERMAN, Stav, SARID, Assaf, YAISH, Meir, The intragenerational mobility of the top income earners during financial crises, a story of a cohort, Advances in life course research, 2023, Vol. 58, Art. 100565, OnlineOnly - https://hdl.handle.net/1814/75861
Abstract
In this study, we explore the dynamics of the intragenerational mobility of the top income earners during financial crises. We analyze panel data on the income levels of a cohort consisting of 22,601 individuals in Israel born between 1963 and 1973, for the period between 1995 and 2013. Studying a specific cohort allows us to focus on the changes caused by period effects, rather than cohort replacement distortions. We use common intragenerational mobility measurements before, during, and after two major recessions- the Dot.com crisis and the Global Financial Crisis of 2008- which occurred during the analyzed period. However, since these are usually descriptive, we adopt a methodology that enables us to calculate confidence intervals of these measurements and thus test for changes over time. Our results show if the two crises had any effect on the intragenerational mobility of the top income earners of the analyzed cohort, it was a minor and transitory effect.
Table of Contents
Additional Information
Published online: 22 August 2023
External Links
Publisher
Version
Research Projects
Sponsorship and Funder Information
This article was published Open Access with the support from the EUI Library through the CRUI - Elsevier Transformative Agreement (2023-2027).