Source: The Equality of Opportunity Project
By: Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, Nicholas Turner
Is America the “Land of Opportunity”? In two recent studies, we find that: (1) Upward income mobility varies substantially within the U.S. Areas with greater mobility tend to have five characteristics: less segregation, less income inequality, better schools, greater social capital, and more stable families. (2) Contrary to popular perception, economic mobility has not changed significantly over time; however, it is consistently lower in the U.S. than in most developed countries.
Related: A new survey from Pew Research Center and USA Today finds that 65% of adults believe the gap between the rich and and everyone else has grown, but disagree on government intervention.
Pew Research Press Release | Pew Research Report (PDF) | Questionnaire (PDF)
USA Today Story