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Table 2 Intergenerational earnings elasticity

From: Intergenerational mobility in Korea

Sons’ age

Fathers’ age

 

Sample size

\(\hat {\rho }_{1}\)

Std. err

Panel A: original from Ueda

30–39

25–54

 

809

0.223***

0.072

Panel B: replication of Ueda using KLIPS2006

30–39

25–54

 

1142

0.205***

0.057

Panel C: replication of Ueda using KLIPS2008

30–39

25–54

 

1083

0.310***

0.060

Panel D: role of age

   

35–50

25–54

 

1666

0.307***

0.054

35–50

35–50

 

1666

0.334***

0.057

Panel E: employed fathers

35–50

35–50

 

675

0.218***

0.061

Panel F: self-employed fathers

35–50

35–50

 

991

0.144*

0.083

Panel G: potential fathers from HIES

35–50

35–50

 

675

0.386***

0.064

  1. Notes: Sons’ information is retrieved from KLIPS 2006 for panels A–B and from KLIPS 2008 for panels C–G. Potential fathers’ information is retrieved from KLIPS 2003 for panels A–F and from HIES 1985 for panel G. Bootstrapped standard errors are in parentheses
  2. *Significant at the 10% level; ***Significant at the 1% level