Briefing
Land of Opportunity? Economic Mobility in the United States
Abstract: Income inequality has increased in recent years, while economic mobility has decreased. Many factors contribute to mobility, but for most people advancement depends on opportunities to obtain human capital ? opportunities that are not as good for children in poor families. Initiatives that focus on early childhood education seem to yield high returns on investment and potentially could help the United States achieve a more inclusive prosperity.
Keywords: wages; inequality;
Access Documents
File(s):
File format is text/html
https://fraser.stlouisfed.org/files/docs/historical/frbrich/econbrief/frbrich_eb_13-07.pdf?utm_source=direct_download
Description: Full Text
Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2013
Issue: July