China and the United States: Different economic models but similarly low levels of socioeconomic mobility

Roy van der Weide () and Ambar Narayan

No wp-2019-121, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes unrealized human potential. Our analysis shows that despite stark differences in their levels of development, the US and China report remarkably similar levels of socioeconomic mobility; a level that is considered low by international standards.

Keywords: Intergenerational Mobility; Equality of opportunity; Education; Income; China; United States (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-cna
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/Publ ... /PDF/wp-2019-121.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2019-121

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().