\begin{table}[htbp]
\centering
\scriptsize
\caption{Intergenerational persistence and inequality across stationary equilibria}
\label{tab:mobility}
\resizebox{\textwidth}{!}{%
\begin{tabular}{lcccccccccccc}
\toprule
Scenario & Eq. & $p^*$ & Own. & $q_{RO}$ & $q_{OO}$ & $\lambda_3$ & $\lambda_7$ & rank--rank & Gini & gap$_4$ & gift & estate \\
\midrule
Baseline & GE & 1.000 & 0.631 & 0.35 & 0.54 & 0.19 & 0.060 & 0.34 & 0.54 & 0.95 & 0.39 & 0.32 \\
Bequests off & GE & 0.931 & 0.581 & 0.38 & 0.38 & 0.00 & \ensuremath{-}0.003 & \ensuremath{-}0.01 & 0.58 & 0.73 & 0.00 & 0.00 \\
Bequests halved & GE & 0.981 & 0.615 & 0.37 & 0.49 & 0.12 & 0.035 & 0.25 & 0.55 & 0.86 & 0.26 & 0.21 \\
Transfer tax 20\% & GE & 1.005 & 0.642 & 0.39 & 0.57 & 0.18 & 0.054 & 0.28 & 0.53 & 0.96 & 0.28 & 0.22 \\
Transfer tax 50\% & GE & 0.999 & 0.639 & 0.43 & 0.55 & 0.12 & 0.023 & 0.16 & 0.52 & 0.90 & 0.12 & 0.09 \\
Intergenerational income correlation 0.4 & GE & 1.004 & 0.624 & 0.22 & 0.54 & 0.32 & 0.121 & 0.41 & 0.55 & 1.02 & 0.40 & 0.32 \\
Earnings risk $\sigma = 0.10$ & GE & 0.963 & 0.672 & 0.31 & 0.49 & 0.19 & 0.043 & 0.32 & 0.51 & 0.59 & 0.30 & 0.22 \\
Earnings risk $\sigma = 0.20$ & GE & 1.033 & 0.602 & 0.39 & 0.57 & 0.18 & 0.097 & 0.34 & 0.56 & 1.35 & 0.49 & 0.42 \\
$\theta = 0.05$ & GE & 1.005 & 0.640 & 0.38 & 0.57 & 0.20 & 0.069 & 0.33 & 0.55 & 0.84 & 0.39 & 0.31 \\
$\theta = 0.40$ & GE & 0.987 & 0.619 & 0.30 & 0.51 & 0.21 & 0.084 & 0.34 & 0.54 & 0.98 & 0.39 & 0.33 \\
$\varepsilon = 0.05$ & GE & 1.000 & 0.631 & 0.35 & 0.54 & 0.19 & 0.060 & 0.34 & 0.54 & 0.95 & 0.39 & 0.32 \\
$\varepsilon = 2$ & GE & 1.000 & 0.631 & 0.35 & 0.54 & 0.19 & 0.060 & 0.34 & 0.54 & 0.95 & 0.39 & 0.32 \\
Deposit return $+2$ pp (renter investment) & GE & 1.018 & 0.635 & 0.38 & 0.66 & 0.28 & 0.169 & 0.57 & 0.50 & 1.19 & 0.61 & 0.77 \\
Real rate 1\% & GE & 1.042 & 0.601 & 0.31 & 0.48 & 0.17 & 0.063 & 0.26 & 0.55 & 0.90 & 0.36 & 0.24 \\
Real rate 3\% & GE & 0.972 & 0.642 & 0.35 & 0.60 & 0.24 & 0.132 & 0.44 & 0.53 & 1.09 & 0.46 & 0.48 \\
Trend inflation 0\% & GE & 1.011 & 0.640 & 0.35 & 0.54 & 0.19 & 0.058 & 0.33 & 0.55 & 0.91 & 0.39 & 0.30 \\
Trend inflation 4\% & GE & 0.986 & 0.625 & 0.34 & 0.53 & 0.19 & 0.060 & 0.34 & 0.54 & 0.97 & 0.39 & 0.33 \\
Landlord wedge $\phi = 0.02$ & GE & 0.991 & 0.607 & 0.33 & 0.52 & 0.19 & 0.070 & 0.33 & 0.55 & 0.96 & 0.39 & 0.31 \\
Landlord wedge $\phi = 0.08$ & GE & 1.007 & 0.650 & 0.36 & 0.55 & 0.19 & 0.055 & 0.34 & 0.54 & 0.94 & 0.39 & 0.32 \\
\bottomrule
\end{tabular}}
\begin{minipage}{\textwidth}\footnotesize\vspace{2pt}
$q_{RO}$, $q_{OO}$: probability that the child owns at 35--39 given the parent's tenure when the gift is made; $\lambda_3 = q_{OO} - q_{RO}$; $\lambda_7$: the same difference measured at 55--59 (the Part A persistence statistic); rank--rank: slope of the child's net-worth rank on the parent's at the same age (55--59); gap$_4$: mean net-worth difference between owners and renters at 40--44 (equal income process by design); gift, estate: mean transfers received. $^{\dagger}$ = not converged to tolerance. Source: results/data/group/name.json.
\end{minipage}
\end{table}