Measured Economic Mobility in the District Is Below the U.S. Average

Badel, Alejandro; Maues, Julia
April 2014
Regional Economist;Apr2014, Vol. 22 Issue 2, p20
Trade Publication
The article discusses a study by economists Raj Chetty, Nathaniel Hendren, Patrick Cline and Emmanuel Saez, which examined the intergenerational economic mobility in the Eight Federal Reserve District in the U.S. The study measured mobility using a data set that contains the incomes of more than 40 million people and their parents between 1996 and 2012. The study found that the probability of moving up for people born in the Eighth District is somewhat lower compared to the national average.


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