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Intergenerational mobility is a really interesting topic- I played around with a transition matrix for a high school project about Markov chains. I can't dig up

Intergenerational mobility is a really interesting topic- I played around with a transition matrix for a high school project about Markov chains. I can't dig up the table right now but I believe it was based on data from around 2008 and was split into quintiles- i.e. the table tracked the income jump between you and your parents with bucket sizes set at every 20%. What I'd really like to see is a similar table with smaller bucket sizes- namely, I'd like to see the intergenerational migration rates on the higher buckets. If we start seeing higher retention rates on the higher buckets and less entry into them from lower buckets, then we might be headed into a more fixed-class situation.

floatrock 9y ago
I've seen nytimes or fivethirtyeight or one of those visualization shops do interactives on the topic. Can't find the exact one I'm thinking of, but the visualization halfway down the page here shows expected income quintile as a function of your parents' income and location: http://www.nytimes.com/2013/07/22/business/in-climbing-income-ladder-location-matters.html?pagewanted=all http://www.nytimes.com/2013/07/22/business/in-climbing-incom... This youtube video also shows expected income quintiles based on the income quintile you've been born into: https://www.youtube.com/watch?v=t2XFh_tD2RA https://www.youtube.com/watch?v=t2XFh_tD2RA (about a minute in)