The table below shows an intergenerational transition matrix of father's (rows) and son's (column) income quintile...

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The table below shows an intergenerational transition matrix of father's (rows) and son's (column) income quintile transition probabilities for Country A 1 2 3 4 5 1 0.60 0.22 0.11 0.05 0.02 2 0.12 0.66 0.14 0.06 0.02 3 0.07 0.09 0.58 0.21 0.05 4 0.01 0.04 0.12 0.72 0.11 5 0.02 0.03 0.06 0.09 0.80 A. Calculate the intergenerational mobility index. B. (1) Consider 0.5 as the threshold value between high-mobility and low-mobility, what is Country A's intergenerational social mobility? (2) Suggest two channels to improve intergenerational mobility The table below shows an intergenerational transition matrix of father's (rows) and son's (column) income quintile transition probabilities for Country A 1 2 3 4 5 1 0.60 0.22 0.11 0.05 0.02 2 0.12 0.66 0.14 0.06 0.02 3 0.07 0.09 0.58 0.21 0.05 4 0.01 0.04 0.12 0.72 0.11 5 0.02 0.03 0.06 0.09 0.80 A. Calculate the intergenerational mobility index. B. (1) Consider 0.5 as the threshold value between high-mobility and low-mobility, what is Country A's intergenerational social mobility? (2) Suggest two channels to improve intergenerational mobility