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Keywords:mobility 

Newsletter
How does social distancing affect the spread of Covid-19 in the United States?

In recent weeks the country has begun to ease restrictions put in place to counter the Covid-19 pandemic. Consequently, it is important for policymakers and the public to understand the extent to which increasing levels of mobility among the population may lead to a rise in the spread of the disease.
Chicago Fed Letter , Issue 442

Newsletter
Chicago Fed: How does social distancing affect the spread of Covid-19 in the United States?

In recent weeks the country has begun to ease restrictions put in place to counter the Covid-19 pandemic. Consequently, it is important for policymakers and the public to understand the extent to which increasing levels of mobility among the population may lead to a rise in the spread of the disease.
Chicago Fed Letter , Issue 442 , Pages 5

Working Paper
Intergenerational Health Mobility in the US

Studies of intergenerational mobility have largely ignored health despite the central importance of health to welfare. We present the first estimates of intergenerational health mobility in the US by using repeated measures of self-reported health status (SRH) during adulthood from the PSID. Our main finding is that there is substantially greater health mobility than income mobility in the US. A possible explanation is that social institutions and policies are more effective at disrupting intergenerational health transmission than income transmission. We further show that health and income ...
Working Paper Series , Paper WP-2018-2

Newsletter
Inequality in Skills and the Great Gatsby Curve

This article presents evidence relating cross-country differences in intergenerational mobility to differences in inequality of skills.
Chicago Fed Letter , Issue Jan

Working Paper
The Geography of Travel Behavior in the Early Phase of the COVID-19 Pandemic

We use a panel of county-level location data derived from cellular devices in the U.S. to track travel behavior and its relationship with COVID-19 cases in the early stages of the outbreak. We find that travel activity dropped significantly as case counts rose locally. People traveled less overall, and they specifically avoided areas with relatively larger outbreaks, independent of government restrictions on mobility. The drop in activity limited exposure to out-of-county virus cases, which we show was important because such case exposure generated new cases inside a county. This suggests the ...
Working Papers , Paper 20-38

Journal Article
Land of Opportunity: Economic Mobility in the United States

Authors Jessie Romero and Kartik Athreya interpret data that suggest economic mobility has decreased in recent years. 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. Their feasibility on a large scale is unknown, but they may have the potential to help the United States achieve a more inclusive prosperity.
Economic Quarterly , Issue 2Q , Pages 169-191

Report
Tuition, jobs, or housing: what's keeping millennials at home?

This paper documents marked changes in young Americans? residence choices over the past fifteen years, with recent cohorts delaying homeownership and lingering much longer in parents? households. To understand the sources and implications of this decline in independence, we estimate the contributions of local economic circumstances to the decision to live with parents or independently. Transition models, local aggregates, and state-cohort tuition patterns are used to address the likely presence of individual- and neighborhood-level unobserved heterogeneity. Employment and housing market ...
Staff Reports , Paper 700

Journal Article
Misperceptions of Mobility

Research Spotlight on article: "Intergenerational Mobility and Preferences for Redistribution."Offsite Alberto Alesina, Stefanie Stantcheva, and Edoardo Teso. American Economic Review, February 2018, vol. 108, no. 2, pp. 521-554.
Econ Focus , Issue 2Q , Pages 7-7

Speech
The Intrinsic Value of Inclusive Growth

Philadelphia Fed President Patrick Harker outlined the goals of the Bank?s Economic Growth & Mobility Project during his keynote address to the Pennsylvania Economic Association?s annual meeting in Reading, PA. ?Inclusive growth is good for the overall economy,? he said
Speech , Paper 134

Report
Credit Access and Mobility during the Flint Water Crisis

How do credit-constrained communities cope with the financial consequences of environmental crises? Beginning in April 2014, the residents of Flint, Michigan, were exposed to lead-contaminated water resulting from a series of governmental missteps. In this paper, we use the spatial distribution of lead and galvanized pipes in Flint to study the effect of the crisis on households’ financial health, including loan balances, repayment of outstanding debt, and Equifax Risk Scores, as well as on household mobility. We find that relatively more affected households, as measured by exposure to lead ...
Staff Reports , Paper 960

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