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dc.contributor.authorFeigenbaum, James J.en_US
dc.date.accessioned2018-03-15T16:47:16Z
dc.date.accessioned2020-04-28T13:30:50Z
dc.date.available2018-03-15T16:47:16Z
dc.date.available2020-04-28T13:30:50Z
dc.date.issued2015-12-01
dc.identifier.citationJ. Feigenbaum. "Intergenerational Mobility during the Great Depression." (Unpublished working paper)
dc.identifier.urihttps://hdl.handle.net/2144/40386
dc.descriptionUnpublished working paper.en_US
dc.description.abstractDo severe economic downturns increase intergenerational economic mobility by breaking links between generations, or do they instead reduce mobility by limiting opportunity for the young? To answer this question, I estimate rates of intergenerational mobility during the Great Depression for individuals in American cities that experienced downturns of varying severity. I create two new historical samples, digitizing and transcribing archival data on individual earnings and linking fathers to sons before and after the Depression. To build these longitudinal samples, I develop a new machine learning approach to census matching, which enables me to link individuals accurately and efficiently between censuses in the absence of unique identification numbers. I find that the Great Depression lowered intergenerational mobility for sons growing up in cities hit by large downturns. These results are not driven by place-specific mobility differences: for the generation before the Depression, mobility between 1900 and 1920 is unrelated to future downturn intensity. Differential directed migration is a key mechanism to explain my results. Although sons fled distressed cities at similar rates, the sons of richer fathers migrated to locations that had suffered less severe Depression effects. The differences in rates of intergenerational mobility for sons in the most and least Depression-affected cities are comparable to the differences between the United States and Sweden today.en_US
dc.relation.replaceshttps://hdl.handle.net/2144/27525
dc.relation.replaces2144/27525
dc.subjectIntergenerational mobilityen_US
dc.subjectGreat Depressionen_US
dc.subjectSwedenen_US
dc.subjectUnited Statesen_US
dc.titleIntergenerational mobility during the Great Depressionen_US
dc.typeArticleen_US
pubs.elements-sourcemanual-entryen_US
pubs.notesEmbargo: Not knownen_US
pubs.organisational-groupBoston Universityen_US
pubs.organisational-groupBoston University, College of Arts & Sciencesen_US
pubs.organisational-groupBoston University, College of Arts & Sciences, Department of Economicsen_US
pubs.publication-statusUnpublisheden_US
dc.identifier.orcid0000-0002-1625-2021 (Feigenbaum, J)
dc.identifier.mycv324315


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