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Equitable Growth supports research and policy analysis on how trends in economic inequality and mobility and changes in the economy have affected the concentration of wealth, income, and earnings, and how these distributional shifts have affected the promise of economic security and opportunity. More
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Morning Must-Read: Alejandro Badel: Economic Mobility across Federal Reserve Districts

Alejandro Badel: Economic Mobility across Federal Reserve Districts: “A recent dataset by economists Chetty, Nathaniel Hendren, Patrick Kline and Emmanuel Saez (CHKS hereafter)…

…People born in 1980-82. The family income of these persons in 2011-12… was compared with the income of their parents in 1996-2000…. We focused on the probability that a child raised in the bottom fifth of the U.S. income distribution rose to the top fifth.

St Louis Fed Economic Mobility across Federal Reserve Districts

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Morning Must-Read: Alejandro Badel: Economic Mobility across Federal Reserve Districts

March 25, 2015

March 25, 2015

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon