Reflections: Place Matters
Loretta Mester
Reflections by Loretta Mester, 2021, vol. 2021, issue 04, 12
Abstract:
Today, I would like to share some reflections on place and why it matters when working toward expanding economic opportunity and inclusion. A body of research has shown that economic opportunity is tied not only to individual circumstances but also to place. Upward mobility – the probability that a child will be better off economically than his or her parents – is dependent not only on the family’s characteristics but also on neighborhood characteristics such as neighborhood income, the quality of schools, access to social services, and racial integration.
Keywords: redlining; neighborhoods; housing (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:fip:c00035:93002
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