What Do We Really Know about Income Mobility in Korea?

Yun, Heesuk

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dc.contributor.authorYun, Heesuk-
dc.description.abstractAlthough many studies show that Korea’s income mobility is declining, it is difficult to draw organized information from previous studies, primarily because the mobility concept is inherently multi-faceted, and different researchers convey different meanings using the same terminology. To systemically examine the findings of previous studies and check the status of income mobility in Korea, this study categorizes the mobility concept using two dimensions: absolute vs. relative and within-generation vs. between-generations. The normative validity is clearer for intergenerational income mobility than in the intragenerational sense. In contrast, to determine whether intergenerational relative income mobility is deteriorating empirically requires further study using big data, while the decrease in intergenerational absolute income mobility and intragenerational income mobility is relatively clear.-
dc.publisherKDI School of Public Policy and Management-
dc.relation.isPartOfSeriesKDI School Working Paper 18-18-
dc.subjectincome mobility-
dc.subjectintergenerational income elasticity-
dc.subjectintragenerational income mobility-
dc.subjectintergenerational absolute income mobility-
dc.subjectintergenerational relative income mobility-
dc.titleWhat Do We Really Know about Income Mobility in Korea?-
dc.typeWorking Paper-
dc.contributor.affiliatedAuthorYun, Heesuk-
dc.type.docTypeWorking Paper-
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