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We explore the role of social mobility as a driver of economic development. First, we map the geography of intergenerational mobility of education for 52 Latin American regions, as well as its evolution over time. Then, through a new weighting procedure that considers the participation of...
Persistent link: https://www.econbiz.de/10012671883
We find that each of the past four generations of Americans was better off than the previous one, using a post-tax, post-transfer income measure constructed annually from 1963-2022 based on the Current Population Survey Annual Social and Economic Supplement. At age 36-40, Millennials had a real...
Persistent link: https://www.econbiz.de/10014492200
We find that each of the past four generations of Americans was better off than the previous one, using a post-tax, post-transfer income measure constructed annually from 1963-2022 based on the Current Population Survey Annual Social and Economic Supplement. At age 36-40, Millennials had a real...
Persistent link: https://www.econbiz.de/10014470010
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are influenced less by the individual’s parents and...
Persistent link: https://www.econbiz.de/10011962601
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We use a newly produced data set on growth in occupational licensing of low-income occupations to estimate the relationship between growth in occupational licensing and intergenerational mobility. Our empirical results suggest growth in state licensing is associated with a 1.6% to 6.2% reduction...
Persistent link: https://www.econbiz.de/10014105743
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Persistent link: https://www.econbiz.de/10014634104
We explore the role of social mobility as a driver of economic development by constructing a panel data set that includes measures of intergenerational mobility of education at the sub-national level in Latin America. First, we map the geography of educational mobility for 52 Latin American...
Persistent link: https://www.econbiz.de/10012624762