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Share of children in the bottom and top wealth fifths ending up in various wealth fifths as adults

Source: Authors' analysis of Charles and Hurst (2002, Table 2)

Updated May 16, 2012

Documentation and methodology

Data are from Charles and Hurst (2002), Table 2, “Intergenerational Transition Matrix of Age-Adjusted Log Wealth Position.” The sample includes all PSID parent-child pairs in which the following conditions were met (1,491 pairs): Parents were in the survey in 1984–1989 and alive in 1989, the child was in the survey in 1999, the parent was not retired and was between age 25 and 65 in 1984, the child was between age 25 and 65 in 1999, and the child and parent both had positive wealth when measured.


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