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Income distribution
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====Measuring income mobility==== Mobility is measured by the association between parentsΒ΄ and adult children's socioeconomic standing, where higher association means less mobility. Socioeconomic standing is captured by four different measures:<ref>{{cite web|title=How do we characteristically measure and analyze intergenerational mobility?|author=Florencia Torche|url=http://cpi.stanford.edu/_media/working_papers/torche_how-do-we-measure.pdf|publisher=The Stanford Center on Poverty and Inequality|date=2013|access-date=2023-04-02}}</ref> #[[Occupational status]]: β it is weighted average of the mean level of earnings and education of certain occupations. It has advantages such a collecting important information about parents, which can be reported retrospectively by adult children. It also remains relatively stable in between the occupation career so single measuring provides adequate information of long run standing. On the other hand, it has also limitations for the mobility analyzing. Whereas occupational earning of men usually tends to be higher than by women, by the occupational education it is the other way around. #[[Class mobility]]: β Classes are instead categorical groupings based on specific occupational assets that determine life chances as expressed in outcomes such as income, health or wealth. #Earnings mobility: β Earning mobility evaluates the relationship between two certain generations by means of linear regression (upper math) of the long transformed measure of children's and parents' earnings. # Total [[family income]] mobility and the mobility of women: β Old economic analysis has been making one mistake, that they did analysis that focused mostly on the father-son pairs and their individual earnings. In the last two decades, they have expanded their research and now they focus more on the mother-daughter pairs as well. Generally earnings provides a stable measure of well-being independently of another financial assets or any kind of transfers.
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