The Political Economy of Intergenerational Income Mobility
NBER Working Paper No. 15946
---- Acknowledgements -----
We would like to thank Alberto Alesina, Giacomo Calzolari, Ed Glaeser, John Hassler, Larry Katz, Mattia Nardotto, Sevi Rodriguez-Mora and seminar participants at C6-Capri, ESSLE-CEPR 2008, Edinburgh University, Harvard and Sorbonne for useful discussions. We also thank two anonymous referees for their helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.