publication . Research . 2016

Inequality from Generation to Generation: The United States in Comparison

Corak, Miles;
Open Access English
  • Published: 01 Jan 2016
  • Publisher: Institute for the Study of Labor (IZA) Bonn
Abstract
To understand the degree of intergenerational mobility in the United States, and the differences between Americans and others, it is important to appreciate the workings and interaction of three fundamental institutions: the family, the market, and the state. But comparisons can also be misleading. The way in which families, labor markets, and government policy determine the life chances of children is complicated; the result of a particular history, societal values, and the nature of the political process. It might be one thing to say that the United States has significantly less intergenerational mobility than Denmark or Norway, but it is entirely another thin...
Subjects
free text keywords: J62, J68, equality of opportunity, intergenerational mobility, ddc:330
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Research . 2016
Provider: EconStor
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