New Research on Geography and Income Mobility
Posted by on August 26, 2013
Is Income Mobility a Myth? Depends on Where You Live
Where you live may determine how likely you are to climb the income ladder, according to a new study by four economists from Harvard and the University of California at Berkeley.
A child who grows up in poverty in Atlanta, regardless of race, is far less likely to reach the middle class than a child from Seattle. Regions with less concentrated poverty, good schools, and more civic engagement seem to have higher income mobility.
Read more: http://www.huffingtonpost.com/2013/07/22/income-mobility-location_n_3635008.html
Full paper: http://obs.rc.fas.harvard.edu/chetty/tax_expenditure_soi_whitepaper.pdf
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