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The Econometrics of Intergenerational Mobility

Objective

This project studies the intergenerational transmission process of well-being, which measures the degree to which individuals and their families move between positions of social, economic and health status. Our interest in intergenerational mobility is motivated by its implications on equality of opportunity. Children are born into circumstances over which they have no control. Parents, schools, and neighborhoods transmit to children endowments and environment such as genes, economic resources, and capabilities, which shape children’s lifetime opportunities. These endowments are not only unequal by nature but also recent evidence suggests that the gaps in capabilities, which include cognitive skills, non-cognitive skills, and health stock from families of different socioeconomic status diverge from early age. While little can be done about it, policy makers can break the chain of persistence of inequality by providing resources to families so that disadvantaged children can reach their true potential. While there is large body of work on measuring intergenerational income mobility little is known about its cross-country determinants and the various channels of transmission. This project aims at filling these gaps in the literature by doing two things. In doing so, we develop new ways to measure mobility that move beyond linear measures to characterizations, which allow for the existence of poverty (and affluence) traps. In doing so, we develop an econometric framework using state-of-the-art statistical techniques and econometric methods that extend the empirical analysis of mobility beyond income to capabilities following Amartya Sen and the recent work of James Heckman. Capabilities measure the capacity to function in order to expand the potential outcomes for an individual. Second, we explore the effects of changes in the monetary policy regimes on mobility by focusing on two specific mechanisms that involve credit constraints and neighbourhood effects.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF-GF - Global Fellowships

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2015

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Coordinator

UNIVERSITY OF CYPRUS
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 253 954,80
Address
AVENUE PANEPISTIMIOU 2109 AGLANTZI
1678 Nicosia
Cyprus

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Region
Κύπρος Κύπρος Κύπρος
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 253 954,80

Partners (2)

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