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The report uses two metrics of economic mobility: absolute mobility, and relative mobility. Relative mobility is unitless because it's an elasticity: it measure
by perneto 17y ago
The report uses two metrics of economic mobility: absolute mobility, and relative mobility. Relative mobility is unitless because it's an elasticity: it measures how much parent income influences children income.
This is from note 13 in the report. Also, the authors didn't come up with this themselves. The data comes from here:
http://www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=1993 http://www.iza.org/en/webcontent/publications/papers/viewAbs...
This explains nicely where the use of elasticity comes from.
Do you have other data that contradicts these conclusions?