In this study, the gap is compared from one generation to the next. The changes in the wage gap are linked to changes in labor supply and to “statistical discrimination”—when women pay a price because many other women are less attached to the workforce than men are.
Are you likely to be in the same income situation as your parents? How about being in the same wealth category? Analyzing such intergenerational mobility can shed light on economic inequality and lead to better policy to deal with this issue.