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Opportunity and social mobility


Abstract: This study argues that both unequal opportunity and social mobility are necessary implications of an efficient societal arrangement when incentives must be provided.

Keywords: Income distribution;

Status: Published in Review of Economic Studies> (Vol. 73, No. 2, April 2006, pp. 487-504)

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Bibliographic Information

Provider: Federal Reserve Bank of Minneapolis

Part of Series: Staff Report

Publication Date: 2005

Number: 323