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of any family is tethered to its starting point. In the United States, family income inequality has risen from year to …; changes over time in mobility, which can offset or amplify the cross-sectional increase in inequality, determine the degree to … which the inequality of longer-term income has risen in parallel. Using data from the Panel Study of Income Dynamics and a …
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wellbeing of any family is tethered to its starting point. In the United States, family income inequality has risen from year to … year since the mid-1970s; given this rising cross-sectional inequality, changes over time in mobility determine the degree … distribution of families' lifetime incomes became less equal. -- Income mobility ; income inequality ; income distribution …
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We compare earnings inequality and mobility across the U.S., Canada, France, Germany and the U.K. during the late 1990s … and employment risk are found to be positively correlated with base-year inequality. Taken together they produce more … equalization in countries with high cross-section inequality such that the countries in our sample have more similar lifetime …
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We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints have recently become important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their...
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