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Charlotte came last among major cities in a 2014 report measuring economic mobility. That served as a rallying cry for Charlotte leaders to try to figure out how to improve opportunities for the city’s poorest residents. We look at where Charlotte is eight years later.
How have school closures during the Covid-19 pandemic affected children's education? This column argues that channels operating through schools, peer effects, and parental investments have all contributed to massively growing educational inequality during the pandemic. Among 9th graders, children from low-income neighbourhoods in the US are predicted to suffer a learning loss
Our intergenerational mobility is now lower than china's which is not a compliment to china. it's a reflection of how much we've lost sight of a core american attribute. if you say we agree on social mobility. let's rejig our economy and tax code in ways to restore that. >> one of the other problems and we can talk for two hours is the incentive structure is in the media and politics right now completely built around alienating and attacking as opposed to building coalitions. evan osnos, it's a great book, "wildland: the making of american fehry. "do you usually take several days to call them ...
Over the last 40 years, Italy has produced a large number of influential economists. This is somewhat surprising because economics is more likely to require technical training than other social sciences and, until the 1980s, Italy did not have any formal doctoral programme. This column examines how a large scholarship program contributed to the formation of a generation of
Paolo Acciari, Facundo Alvaredo, Salvatore Morelli 24 April 2021 Growing wealth disparities can have corrosive effects on equality of opportunity when they crystallise over time and turn into persistent disparities across generations. This column uses newly assembled data from Italian inheritance tax records to show that the wealth share of the top 1% (half a million individuals) increased from 16% in 1995 to 22% in 2016, and the share accruing to the top 0.01% (the richest 5,000 adults) almost tripled from 1.8% to 5%. In contrast, the poorest 50% saw an 80% drop in their average ...