What have economists who study economic mobility discovered about intergenerational elasticity of earnings between father and son across high-income countries

Question

Quizplus · Accepted Answer

Economists who study economic mobility have discovered that there is a small variation in the degree of intergenerational mobility across high-income countries. However, Canada is part of a group that shows a higher degree of economic mobility, indicating that there is more intergenerational mobility in Canada compared to other high-income countries. The United States is not necessarily shown to have a higher degree of economic mobility than Canada. Additionally, higher intergenerational mobility is not necessarily related to higher intergenerational elasticity of earnings, so option D is incorrect.

What Have Economists Who Study Economic Mobility Discovered About Intergenerational