5 ms·
I thought that was well known: http://inequality.stanford.edu/sites/default/files/Pathways-SOTU-2016-Economic-Mobility-3.pdf http://inequality.stanford.edu/sit
by jellicle 9y ago
I thought that was well known:
http://inequality.stanford.edu/sites/default/files/Pathways-SOTU-2016-Economic-Mobility-3.pdf http://inequality.stanford.edu/sites/default/files/Pathways-...
The US does not do well on social mobility. Generally, poor families stay poor and rich families stay rich.
Also to be clear, the problem you cite does not exist. This is a percentage relationship between father-son earnings and doesn't have anything to do with quintiles or the magnitude of those earnings.
- refurb 9y agoNo offense, but that seems like a really odd way to measure social mobility because it's not measuring the resulting income level. And after a few google searches, it appears that others have called out the challenges as well[1] and tried to work with other data sets. This analysis found very little different in income mobility between the US and EU and overall... Canada has the most downward mobility while the U.S. has the least, with Sweden in the middle. We find some differences in upward mobility but these are somewhat smaller in magnitude. [1]http://www.sciencedirect.com/science/article/pii/S0927537114000530 http://www.sciencedirect.com/science/article/pii/S0927537114...