Land of Opportunity: Economic Mobility in the United States
Kartik Athreya () and
Jessica Sackett Romero
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Jessica Sackett Romero: Federal Reserve Bank of Richmond
Economic Quarterly, 2015, issue 2Q, 169-191
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.
Keywords: economic; mobility (search for similar items in EconPapers)
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