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Improving Opportunities For Economic Mobility

Sunday, January 8, 2017 5:57
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(Before It's News)

from the St Louis Fed

– this post authored by Raj Chetty

The American dream is a complicated concept, but I’d like to distill it down to a simple statistic that we are able to measure with data: the probability that a child born to parents in the bottom fifth of the income distribution makes the leap all the way to the top fifth of the income distribution.

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Source: http://econintersect.com/pages/contributors/contributor.php?post=201701080559

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