Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171762
Authors: 
Bradbury, Katharine L.
Year of Publication: 
2016
Series/Report no.: 
Working Papers, Federal Reserve Bank of Boston 16-8
Abstract: 
Much of America's promise is predicated on economic mobility - the possibility that people can move up and down the economic ladder during their lifetimes. Mobility is of particular consequence when economic disparities are increasing. Using panel data and mobility concepts and measures adapted from the literature, this paper examines 10-year income mobility levels and trends for U.S. working-age families during the time span 1977 - 2012. According to many measures, mobility, already limited in the 1978 - 1988 decade, declined over ensuing decades: families' later-year incomes increasingly depended on their starting place, and the distribution of longer-term family incomes became less equal.
Subjects: 
Income mobility
income inequality
income distribution
JEL: 
D31
D63
I32
J15
Document Type: 
Working Paper

Files in This Item:
File
Size
843.85 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.