Download or read book Fairness Inequality and Intergenerational Mobility written by and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In November 2017, European leaders gathered at the Social Summit for Fair Jobs and Growth in Sweden. At this occasion, the European Pillar of Social Rights was proclaimed and signed by the presidents of the European Parliament, Council of the European Union, and the European Commission. The European Pillar of Social Rights was proposed by President Juncker in his 2015 State of the Union Address and was later presented by the Commission in April 2017. The Pillar was created to give fresh direction to a renewed process of upward convergence towards better working and living conditions in Europe. The principles embodied by the Pillar revolve around three core categories: equal opportunities and access to the labour market, fair working conditions and social protection and inclusion, each of which help to place focus on how to tackle new developments in the working world and general European society. To provide background on citizens' current perceptions on a fair society, as well as to provide information on citizens' social mobility, the European Commission's science and knowledge service, the Joint Research Centre, commissioned this survey. It covers the following: Respondents' perceptions of their health and happiness; Their experience of discrimination or harassment; Their views about fairness in life and the opportunity to get ahead in life; Opinions about fairness in justice and the application of political decisions; The most important factors for getting ahead in life; Respondents' positioning on the social ladder, as well as their position compared to parents and grandparents; Respondents' current occupation and education level, as well as comparisons with the education level of their parents; Respondents' current income level and views about income inequality. This survey was carried out by the TNS opinion & social network in the 28 Member States of the European Union between the 2nd and the 11th of December 2017.
Download or read book Fairness Inequality and Intergenerational Mobility written by Kantar Public Brussels and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Generational Income Mobility in North America and Europe written by Miles Corak and published by Cambridge University Press. This book was released on 2004-11-25 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.
Download or read book Fair Progress written by Ambar Narayan and published by World Bank Publications. This book was released on 2018-05-31 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fair Progress? Economic Mobility across Generations around the World focuses on an issue that has gotten much attention in the developed world, but will present new data and analysis covering most of the world including developing economies. The analysis considers whether those born in poverty or in prosperity are destined to remain in the same economic circumstances into which they were born, and looks back over a half a century at whether children's lives are better or worse than their parents' in different parts of the world. It suggests local, national, and global actions and policies that can help break the cycle of poverty, paving the way for the next generation to realize their potential and improve their lives.
Download or read book Fostering Social Mobility as a Contribution to Social Cohesion written by Alex Nunn and published by Council of Europe. This book was released on 2012-01-01 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social mobility is linked to social cohesion in a number of complex ways. In essence it concerns social fairness and is a measure of how equal economic opportunities or life chances are, and how a society transforms principles of equal opportunity into reality. Intergenerational mobility of income or socio-economic status demonstrates the real extent to which equality exists in a society. A more cohesive society is one where people are not divided on socio-economic or other grounds, citizens accept that the division of rewards is fair and everyone has equal starting points in life. This study examines the factors influencing social mobility and policies which might be put in place to facilitate it, in particular those concerning welfare services, child care, the education system, career structures and labour-market services.
Download or read book Inequality of Opportunity Inequality of Income and Economic Growth written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2019-02-15 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.
Download or read book Essays on Inequality Fairness and Taxation written by Lancelot Henry de Frahan and published by . This book was released on 2018 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second chapter takes an intergenerational perspective on inequality. We measure intergenerational mobility in housing consumption-across surnames-in the US for the period 1940‒2012. We translate, under stated assumptions, the figure into an estimated family-level intergenerational elasticity of total consumption of 0.6--0.67 between two successive generations. We also document that blacks have much lower IGE than whites, the Northeast has higher IGE than the South and Midwest, and in particular, the black-white gap in IGE is concentrated in the Northeast. Some of these patterns contrast with the previous literature's analysis of IGE in labor income. We discuss possible mechanisms behind the level of-and the heterogeneity in-the estimated IGE of consumption.
Download or read book Income Inequality Equality of Opportunity and Intergenerational Mobility written by Miles Corak and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inequality and Opportunity written by Harper Northwood and published by RWG Publishing. This book was released on 2024-07-24 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality and Opportunity by Harper Northwood delves into the intricate landscape of national equity indices, like the Gini coefficient, to uncover the deeper truths about income disparity and opportunity in the United States. This insightful book challenges conventional wisdom, arguing that simple redistribution policies miss the mark. Instead, Northwood emphasizes the need for fundamental changes in education, tax policies, and institutional structures. Through a comparative analysis with other nations, the author highlights the complexities of opportunity barriers and the role of non-cognitive skills in economic mobility. With the U.S. facing unprecedented levels of inequality, this book is a timely exploration of the policies and cultural values that can truly foster a more equitable society. Inequality and Opportunity is essential reading for anyone interested in understanding and addressing the root causes of economic disparities.
Download or read book Three Essays in Economic Mobility and Inequality written by Seunghee Lee (Economist) and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the interest in Economics on inequality has exploded, intergenerational mobility is one of the fundamental areas concerning inequality since it is related to many normative questions such as equal opportunity and fairness. Despite its importance, research on measuring intergenerational mobility has received relatively little attention. The dominant approach is still the scalar-based regression approach, which employs a regression of some statistics of offspring on some statistics of parents. In connection with this issue, this dissertation introduces a novel measure for intergenerational mobility based on modern economic theory and empirically analyzes intergenerational mobility in the U.S. and Korea.The first chapter analyzes the empirical aspect of the relationship between parental income trajectory and a child's success in the U.S. using a novel approach, functional approach.In particular, we find that parental income when their children are in their late teens is more correlated with children's income in their early 30s. In addition, children whose parental income tends to increase in their late teens are more likely to have a higher economic position than their parents. This implies that upward income mobility is positively associated with the steadily increasing economic status of the family over the first 20 years of children's life. Investigated further are the effects on explaining a child's success of the role of other trajectories, such as the family structure of unemployment and job type of household head, and the impact of parental education level. We also investigate the association between parental income profile and their children's college attendance and derive a similar finding that late teens are crucial periods when parents' income has a more significant impact on children's educational success.While the first chapter addresses issues in intergenerational mobility in the U.S., the second chapter focuses on intergenerational mobility in Korea. In the second chapter, using a similar approach to Chapter 1, we analyze the intergenerational mobility in all three dimensions - income, education, and occupation. In addition, reflecting Korea's unique historical and social characteristics, we study the association between investment in private tutoring and a child's economic and educational success. Our findings highlight the importance of parental intervention in teens on a child's educational success. The pattern of parental income profile of the upward mobility group shows a stronger upward trend than that of the downward mobility group, similar to what we observe in the U.S. data in Chapter 1. In Korea, both upward and downward mobility groups show steadily increasing parental income trajectories, reflecting the rapid economic growth Korea has experienced over the last six decades. This interesting and unique finding of mobility patterns in Korea reveals various social and economic structural changes Korea has gone through.The third chapter studies the various methodological issues. In this chapter, we consider how our functional estimate can be varied by the fluctuation of measurement error in parental income. Using Beveridge-Nelson decomposition, we decompose parental income into permanent and transitory components and consider the transitory component as a measurement error. We also compare our estimation method with the methods based on the fixed basis approach. Using too many bases in this approach yields nonsensical estimates, while the estimates using too few bases strongly depend on the shape of the basis. We also find that the fixed basis approach is not robust to measurement error. A possible endogeneity issue is also studied in this chapter. Parental income can affect their children's success through two channels, transmission of human capital and providing financial resources. To focus on the effect of financial resources, we measure intergenerational income mobility using instrumental variables to control the effect of human capital.
Download or read book How Inequality Runs in Families written by Calder, Gideon and published by Policy Press. This book was released on 2016-10-12 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most people agree that every child deserves an equal chance to flourish. Most also value family life. Yet the family plays a surprisingly crucial part in maintaining inequality from one generation to the next. The children of disadvantaged parents typically achieve less and die younger. Early in their school careers, even the most able among them fall behind their better-off peers. They are then 8 times less likely to attend a top university. In the UK, as in other rich countries, the ‘playing-field’ is anything but level. This book explores how seemingly mundane aspects of family life – from the right to inherit income, to the reading of bedtime stories – raise fundamental questions of social justice. Taking fairness seriously, it argues, means rethinking what equality of opportunity means.
Download or read book Inequality and Intergenerational Mobility Under Private Vs Public Education written by Zeng Jinli and published by . This book was released on 2000 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.
Download or read book Inequality of Opportunity written by Juan Gabriel Rodríguez and published by Emerald Group Publishing. This book was released on 2011-10-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eight papers, both theoretical and applied, on the concept of equality of opportunity which says that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort.
Download or read book Dynastic Inequality Mobility and Equality of Opportunity written by S. M. Ravi Kanbur and published by . This book was released on 2015 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on inequality of outcomes in a "snapshot." Intergenerational mobility and "equality of opportunity", so the argument goes, is what matters for normative evaluation. In response to this counter, we ask what pattern of intergenerational mobility leads to lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn relate to commonly held views on what constitutes equality of opportunity? We revive and revisit here our earlier contributions which were in the form of working papers (Kanbur and Stiglitz (1982, 1986) in order to engage with the current debate. Focusing on bistochastic transition matrices in order to hold constant the steady state snapshot income distribution, we develop an explicit partial ordering which ranks matrices on the criterion of inequality between infinitely lived dynasties. A general interpretation of our result is that when comparing two transition matrices, if one matrix is "further away" from the identity matrix then it will lead to lower dynastic inequality. More specifically, the result presents a computational procedure to check if one matrix dominates another on dynastic inequality. We can also assess "equality of opportunity", defined as identical prospects irrespective of starting position. We find that this is not necessarily the mobility pattern which minimizes dynastic inequality.
Download or read book From Parents to Children written by John Ermisch and published by Russell Sage Foundation. This book was released on 2012-05-01 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does economic inequality in one generation lead to inequality of opportunity in the next? In From Parents to Children, an esteemed international group of scholars investigates this question using data from ten countries with differing levels of inequality. The book compares whether and how parents' resources transmit advantage to their children at different stages of development and sheds light on the structural differences among countries that may influence intergenerational mobility. How and why is economic mobility higher in some countries than in others? The contributors find that inequality in mobility-relevant skills emerges early in childhood in all of the countries studied. Bruce Bradbury and his coauthors focus on learning readiness among young children and show that as early as age five, large disparities in cognitive and other mobility-relevant skills develop between low- and high-income kids, particularly in the United States and the United Kingdom. Such disparities may be mitigated by investments in early childhood education, as Christelle Dumas and Arnaud Lefranc demonstrate. They find that universal pre-school education in France lessens the negative effect of low parental SES and gives low-income children a greater shot at social mobility. Katherine Magnuson, Jane Waldfogel, and Elizabeth Washbrook find that income-based gaps in cognitive achievement in the United States and the United Kingdom widen as children reach adolescence. Robert Haveman and his coauthors show that the effect of parental income on test scores increases as children age; and in both the United States and Canada, having parents with a higher income betters the chances that a child will enroll in college. As economic inequality in the United States continues to rise, the national policy conversation will not only need to address the devastating effects of rising inequality in this generation but also the potential consequences of the decline in mobility from one generation to the next. Drawing on unparalleled international datasets, From Parents to Children provides an important first step.
Download or read book The Undeserving Rich written by Leslie McCall and published by Cambridge University Press. This book was released on 2013-03-29 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely assumed that Americans care little about income inequality, believe opportunities abound, admire the rich, and dislike redistributive policies. Leslie McCall contends that such assumptions are based on both incomplete survey data and economic conditions of the past and not present. In fact, Americans have desired less inequality for decades, and McCall's book explains why. Americans become most concerned about inequality in times of inequitable growth, when they view the rich as prospering while opportunities for good jobs, fair pay and high quality education are restricted for everyone else. As a result, they favor policies to expand opportunity and redistribute earnings in the workplace, reducing inequality in the market rather than redistributing income after the fact with tax and spending policies. This book resolves the paradox of how Americans can express little enthusiasm for welfare state policies and still yearn for a more equitable society, and forwards a new model of preferences about income inequality rooted in labor market opportunities rather than welfare state policies.
