Keyword

economic mobility

3 papers tagged “economic mobility”

EconomicsNature · Aug 2022 Open access

Social Capital I: Measurement and Associations with Economic Mobility

Raj Chetty, Matthew O. Jackson, Theresa Kuchler and Johannes Stroebel

Using data on 21 billion Facebook friendships, the authors construct ZIP-code-level measures of three distinct forms of social capital: cross-class connectedness, social cohesion, and civic engagement. They show these measures vary widely across areas and are only weakly correlated with one another. They find that economic connectedness between low- and high-income people is strongly associated with upward income mobility, more so than other forms of social capital.

social capital economic mobility social networks economic connectedness

EconomicsThe Quarterly Journal of Economics · May 2020 Open access

Race and Economic Opportunity in the United States: An Intergenerational Perspective

Raj Chetty, Nathaniel Hendren, Maggie R. Jones and Sonya R. Porter

Using de-identified longitudinal data covering nearly the entire U.S. population, the authors study racial and ethnic differences in intergenerational income mobility. They find persistent black-white income gaps driven primarily by differences among men, while black and white women have similar outcomes conditional on parental income. They show neighborhood and family-background factors explain little of the gap, which persists even within the same neighborhoods.

economic mobility race intergenerational mobility racial disparities

EconomicsScience · Apr 2017 Open access

The Fading American Dream: Trends in Absolute Income Mobility Since 1940

Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren, Robert Manduca and Jimmy Narang

The authors measure absolute income mobility, defined as the fraction of children who earn more than their parents did at the same age, for U.S. birth cohorts from 1940 to the 1980s. Combining tax records with historical data, they show that this measure has declined dramatically over the period. They attribute most of the decline to the rising concentration of income growth rather than to slower aggregate growth.

economic mobility income mobility inequality american dream