child's probability of attending college and her parents' income rank. We also calculate transition probabilities, such as a … these measures, we find that children entering the labor market today have the same chances of moving up in the income … distribution (relative to their parents) as children born in the 1970s. However, because inequality has risen, the consequences of …

. We use survey data on students' expected post-college outcomes to estimate their knowledge about future outcomes, and we … contracts. We find students hold significant private knowledge of their future earnings, academic persistence, employment, and …

housing vouchers to move to lower-poverty neighborhoods. We present new evidence on the impacts of MTO on children's long … college attendance rates and earnings for children who were young (below age 13) when their families moved. These children … also live in better neighborhoods themselves as adults and are less likely to become single parents. The treatment effects …