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The Scandinavian Fantasy: The Sources of Intergenerational Mobility in Denmark and the US

The Scandinavian Fantasy: The Sources of Intergenerational Mobility in Denmark and the US This paper examines the sources of differences in social mobility between the US and Denmark. Measured by income mobility, Denmark is a more mobile society, but not when measured by educational mobility. There are pronounced non‐linearities in income and educational mobility in both countries. Greater Danish income mobility is largely a consequence of redistributional tax, transfer, and wage compression policies. While Danish social policies for children produce more favorable cognitive test scores for disadvantaged children, they do not translate into more favorable educational outcomes, partly because of disincentives to acquire education arising from the redistributional policies that increase income mobility. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Scandinavian Journal of Economics Wiley

The Scandinavian Fantasy: The Sources of Intergenerational Mobility in Denmark and the US

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References (138)

Publisher
Wiley
Copyright
© 2017 The editors of The Scandinavian Journal of Economics.
ISSN
0347-0520
eISSN
1467-9442
DOI
10.1111/sjoe.12219
Publisher site
See Article on Publisher Site

Abstract

This paper examines the sources of differences in social mobility between the US and Denmark. Measured by income mobility, Denmark is a more mobile society, but not when measured by educational mobility. There are pronounced non‐linearities in income and educational mobility in both countries. Greater Danish income mobility is largely a consequence of redistributional tax, transfer, and wage compression policies. While Danish social policies for children produce more favorable cognitive test scores for disadvantaged children, they do not translate into more favorable educational outcomes, partly because of disincentives to acquire education arising from the redistributional policies that increase income mobility.

Journal

The Scandinavian Journal of EconomicsWiley

Published: Jan 1, 2017

Keywords: ; ; ; ; ; ; ;

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