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RNIM (Research Network on Intergenerational Mobility) @rnim-seminar.bsky.social · 21/05/2025

📢 Join the RNIM Seminar on May 23 to learn about Dr. Forhad Shilpi's latest research on Intergenerational Mobility. Title: Opportunity and Risk Time: 10 AM EST || 4 PM CET || 10 PM China Registration: 👉 sites.google.com/view/rnim-se... Abstract:👇

The standard measures of intergenerational mobility do not account for risk. We develop a broader approach where conditional variance of children's outcome is a summary statistic for life-time risks. Conditional variance of children's schooling declines with father's education. We derive risk-adjusted measures of educational mobility by accounting for the risk premium implied by conditional variance. Estimates of risk-adjusted mobility in China, India, and Indonesia suggest that the standard measures overestimate relative and absolute educational mobility. The overestimation is substantial for the disadvantaged children and daughters, but negligible for the children of college-educated fathers.

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