Recent findings on intergenerational income and educational mobility in Chile

Abstract

This paper provides new evidence on intergenerational mobility in Chile. Income mobility elasticities for Chile are the range of 0.52 to 0.67, which stand as fairly high in comparison with the international evidence. We also find that educational mobility is lower for the younger cohorts, suggesting an increase of intergenerational educational mobility in the last decades. Finally, we find evidence of a higher degree of intergenerational persistence at the two extremes of the income distribution, particularly at the top of the distribution. We suggest this mirrors the unusually high income concentration at the top of the Chilean income distribution.