We study the sources of racial disparities in income using anonymized longitudinal data covering nearly the entire U … on parent income, the black-white income gap is driven by differences in wages and employment rates between black and … mobility more similar to whites than blacks, leading the Hispanic-white income gap to shrink across generations. Second …

income at the national level. The conditional expectation of child income given parent income is linear in percentile ranks …. On average, a 10 percentile increase in parent income is associated with a 3.4 percentile increase in a child's income … child reaches the top quintile of the national income distribution starting from a family in the bottom quintile is 4.4% in …