GalleryA land of opportunity no more: Poor intergenerational mobility in the US is a feature of both the past and present.
In the past, concerns about inequality were tempered by the perception that people had a high degree of economic mobility. But how has intergenerational mobility changed in the US? In new research which uses census data on names and occupational income to examine social mobility between 1850 and 1940, Claudia Olivetti and Daniele Paserman find that intergenerational mobility was […]
