Miles corak comments absolute income mobility in canada rejoinder to krueger on the fading american

Absolute income mobility in Canada rejoinder to Krueger on the Fading American Dream

Miles Corak Graduate School of Public and International Affairs University of Ottawa, Ottawa Canada MilesCorak.com @MilesCorak

Presentation to the Conference on Social Mobility and Inequality in Israel Jerusalem June 15th , 2017

Figure 1:

Major messages

1. selected birth cohorts from 1970 to 1984 I I

examine family income at age 30 observed between 2000 to 2014

2. parents are born in 1948 or later I

the oldest turn 30 in 1978, the first year of available income tax data

3. bottom line I

I

Chetty et al. document a decline in absolute mobility between the 1970 and 1980 birth cohorts in Canada there is little change for cohorts after 1970

Figure 2: Absolute mobility by child birth cohort

Figure 3: Absolute mobility by percentile of parent’s income