The US is often hailed as the land of opportunity, a society in which a child's chances of success depend little on her family background. Is this reputation warranted?
Where is the land of opportunity? Intergenerational mobility in the US
Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, 4 February 2014
Parents’ education plays key role in performance of their children
Pedro Carneiro, Costas Meghir, Matthias Parey, 8 October 2007
In the last 50 years, there has been a striking increase in inequality in children’s home environments across families where mothers have different levels of education. Given that the tendency is rooted in the experience of each family, it is difficult for the welfare system to import change and direct interventions require the invasion of family autonomy and privacy.
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Ostry, Berg, Tsangarides
Allen, Eichengreen, Evans
Greenwood, Guner, Kocharakov, Santos