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