Global Trends in Intergenerational Income Inequality?
by Roberto Pancrazi and Gabriele Guaitoli (University of Warwick)
The increase in income differences between young and old, so-called intergenerational income inequalities, has recently risen to prominence in the political and media debates of many countries. Although intergenerational inequalities generate understandable concerns, many dimensions of this phenomenon are still not well-understood or are under-investigated.
This short article discusses how the paper entitled “Global Trends in Intergenerational Income Inequality?” addresses these shortcomings by conducting a global, coherent, and in-depth analysis of intergenerational income inequality. By extensively leveraging the international individual income microdata harmonised and made available by LIS, the paper studies how intergenerational inequalities have evolved over the last 20 to 30 years across 42 countries, grouped into Rich countries, Transition economies, and Developing economies.
Full article is available here.