Social mobility: low, and lower at the top than the bottom

Un Bang (C) and Sung Bang (2nd R) spend time with their sons Shane (2nd L), 21, and Simon (R), 18, and Shane

Un Bang (C) and Sung Bang (2nd R) spend time with their sons Shane (2nd L), 21, and Simon (R), 18, and Shane’s girlfriend Sarah Park (L), 20, at their home in Federal Way, Washington August 8, 2015. How socially mobile is America? Not very, is the general consensus . But it may be worse than we thought, especially in the upper reaches of the income distribution. Those are the conclusions of an important recent paper by Stanford’s Pablo Mitnik and David Grusky . Three main findings stand out:

> There may be more income persistence than previously thought […]