In my first post, I clarified the difference between absolute and relative intergenerational mobility and dove into the current data to characterize it’s state compared to our past and our peer nations. For a quick review, absolute IGM is a comparison of the real incomes of children to their parents to see who earns more. This has always been very strong in America, and despite
Intergenerational Mobility Part II
Intergenerational Mobility Part II
Intergenerational Mobility Part II
In my first post, I clarified the difference between absolute and relative intergenerational mobility and dove into the current data to characterize it’s state compared to our past and our peer nations. For a quick review, absolute IGM is a comparison of the real incomes of children to their parents to see who earns more. This has always been very strong in America, and despite