3 ms·
> Absolute economic mobility matters much more The US does poorly on this metric too: https://i.imgur.com/eYHUysQ.png https://i.imgur.com/eYHUysQ.png [1] https
by verteu 11mo ago
> Absolute economic mobility matters much more
The US does poorly on this metric too: https://i.imgur.com/eYHUysQ.png https://i.imgur.com/eYHUysQ.png [1] https://i.imgur.com/vLz5iUz.png https://i.imgur.com/vLz5iUz.png [2]
(Note that the x-axis is "birth year.")
[1] https://equitablegrowth.org/wp-content/uploads/2021/04/042821-WP-Trends-in-Absolute-Income-Mobility-in-North-America-and-Europe-Manduca-and-others.pdf https://equitablegrowth.org/wp-content/uploads/2021/04/04282...
[2] https://www.aeaweb.org/articles?id=10.1257/app.20200631 https://www.aeaweb.org/articles?id=10.1257/app.20200631