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Families, labor markets, and public policies all structure a child's opportunities and determine the extent to which adult earnings are related to family background. Cross-country comparisons and the underlying trends suggest that these drivers will most likely lower the degree of...
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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
mobility and income inequality. In this sense, this work presents empirical evidence for the existence of the "Great Gatsby … income inequality might lead to a lower investment in human capital among children from socially vulnerable households. The … primary education have a statistically significant reduction in their chance of completing the educational system if they live …
Persistent link: https://www.econbiz.de/10012033093
Countries with high income inequality also show a strong association between parents' and children’s economic well … experiencing higher income inequality in childhood is associated with lower intergenerational mobility measured in adulthood …. Following the same methodology, the influence of economic growth and public education is evaluated: both are positively …
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-term outcomes such as education, teenage pregnancy, occupation, mortality, and victimization …
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-term outcomes such as education, teenage pregnancy, occupation, mortality, and victimization. …
Persistent link: https://www.econbiz.de/10013411980