The intragenerational mobility of the top income earners during financial crises, a story of a cohort

FEDERMAN, Stav; SARID, Assaf; YAISH, Meir

doi:10.1016/j.alcr.2023.100565

The intragenerational mobility of the top income earners during financial crises, a story of a cohort

dc.contributor.author	FEDERMAN, Stav
dc.contributor.author	SARID, Assaf
dc.contributor.author	YAISH, Meir
dc.date.accessioned	2023-09-11T14:51:12Z
dc.date.available	2023-09-11T14:51:12Z
dc.date.issued	2023
dc.description	Published online: 22 August 2023	en
dc.description.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.	en
dc.description.sponsorship	This article was published Open Access with the support from the EUI Library through the CRUI - Elsevier Transformative Agreement (2023-2027).	en
dc.format.mimetype	application/pdf	en
dc.identifier.citation	Advances in life course research, 2023, Vol. 58, Art. 100565, OnlineOnly	en
dc.identifier.doi	10.1016/j.alcr.2023.100565
dc.identifier.issn	1040-2608
dc.identifier.other	100565
dc.identifier.uri	https://hdl.handle.net/1814/75861
dc.identifier.volume	58
dc.language.iso	en	en
dc.orcid.upload	true	*
dc.publisher	Elsevier	en
dc.relation.ispartof	Advances in life course research	en
dc.rights	info:eu-repo/semantics/openAccess	en
dc.rights.license	Attribution 4.0 International	*
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/	*
dc.title	The intragenerational mobility of the top income earners during financial crises, a story of a cohort	en
dc.type	Article	en
dspace.entity.type	Publication
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