Tag Archives: marriage

New Data on Wealth Mobility and Their Impact on Models of Inequality

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Using data on families’ wealth over time, we calculate changes in relative wealth mobility; that is, how likely families are to move up or down the wealth distribution, relative to one another. We find families have become less likely to change their position in the wealth distribution over time, and those that do move are less likely to go very far. We also look at the savings behaviors that are associated with more mobile families and find that families that make large movements through the wealth distribution appear to be more likely to own some form of a risky […]

Economic Mobility of Black and White Families

Executive Summary and Chapter

The dream that one can rise up from humble beginnings and achieve a comfortable middle-class living, if not attain great wealth, transcends racial lines. But is this a reality for black and white families alike?
This report, by Julia Isaacs of The Brookings Institution, reviews overall income trends based on Census Bureau data and provides an intergenerational analysis based on a longitudinal data set that allows a direct match of the family income of parents in the late 1960s to their children’s family income in the late 1990s to early 2000s. 1 In brief, […]

Meet Camille Busette, new director of the Race, Place, and Economic Mobility Initiative

Camille Busette, Senior Fellow, Director of Place, Race, and Economic Mobility

Camille Busette I’m Camille Busette , I’m a senior fellow in Governance Studies and I head up the new Race, Place, and Economic Mobility initiative here at Brookings.

Q: Where did you grow up?

A: I grew up in a variety of places actually, which I think has made me very much who I am. I was born in Los Angeles. I grew up in New York City, and then toward the end of high school my family moved to Sacramento, California where I finished up high school; and then I went on to University of California, Berkeley for […]

This is Not Your Parents’ Economy


Illustration: Jonathan Bartlett Inequality is putting the American Dream in peril.

By Rebecca Beyer

M elissa Agnew lives in Charlotte, N.C., a city that ranks high on affordability scales. It’s said to be one of the most desirable places to purchase a home, and a top destination for job-seeking college graduates and newlyweds.But Agnew doesn’t own a home or have a college degree. She went through a painful divorce several years ago, and, even though she was working at the time, the city was anything but affordable for her when she suddenly became the sole breadwinner for her two […]

New Data on Wealth Mobility and Their Impact on Models of Inequality

featured hero image

Using data on families’ wealth over time, we calculate changes in relative wealth mobility; that is, how likely families are to move up or down the wealth distribution, relative to one another. We find families have become less likely to change their position in the wealth distribution over time, and those that do move are less likely to go very far. We also look at the savings behaviors that are associated with more mobile families and find that families that make large movements through the wealth distribution appear to be more likely to own some form of a risky […]

Meet Camille Busette, new director of the Race, Place, and Economic Mobility Initiative

Camille Busette, Senior Fellow, Director of Place, Race, and Economic Mobility

Camille Busette I’m Camille Busette, I’m a senior fellow in Governance Studies and I head up the new Race, Place, and Economic Mobility initiative here at Brookings.

Q: Where did you grow up?

A: I grew up in a variety of places actually, which I think has made me very much who I am. I was born in Los Angeles. I grew up in New York City, and then toward the end of high school my family moved to Sacramento, California where I finished up high school; and then I went on to University of California, Berkeley for college.But […]

Social inequality in america essay


> Social inequality in america essay

For about a century, economic inequality has been measured on a scale, from zero to one, known as the Gini index and named after an Italian statistician, Corrado Gini 11/20/2012 · Video embedded · Infographics on the distribution of wealth in America , highlighting both the inequality and the difference between our perception of inequality …“Our inequality materializes our upper class, vulgarizes our middle class, brutalizes our lower class.” – Matthew Arnold, English essayist (1822-1888)A summary of Poverty in America in ‘s Social Stratification and Inequality . Learn exactly what happened in this […]

Fraying social fabric hurting nation’s economy, Sen. Mike Lee says


Scott G Winterton, Deseret News

File – Senator Mike Lee speaks at a Rally in Draper Utah, at the American Preparatory Academy Saturday, March 19, 2016. Many Americans — poor, middle class and wealthy — feel that something is amiss in society that can’t be reduced to economic anxiety but relates more to a sense that nation’s social fabric is fraying, Sen. Mike Lee said. SALT LAKE CITY — Many Americans — poor, middle class and wealthy — feel that something is amiss in society that can’t be reduced to economic anxiety but relates more to a sense that nation’s […]

Up from Slavery? Intergenerational Mobility in the Shadow of Jim Crow

Up from Slavery? Intergenerational Mobility in the Shadow of Jim Crow

William J. Collins and Marianne H. Wanamaker

Preliminary and incomplete draft: Please do not cite or circulate without the authors’ permission. Abstract: We have built new datasets of linked census records for the late nineteenth and early twentieth centuries to document black-white differences in intergenerational economic mobility. Whether viewed from an occupational or income-based perspective, southern whites were much more likely than blacks, conditional on fathers’ status, to be upwardly mobile and less likely to be downwardly mobile. Children from poor white households often ascended into the American middle class, […]

The American Dream Abides


Social mobility is still going strong in the Land of Opportunity

Is the American dream on life support? That’s the perennial claim of “declinists,” who are convinced that the American spirit of opportunity is at death’s door. That claim was recently bolstered by research from a team of top economists, who found that half of today’s 30-year-olds are worse off than their parents were at the same age. A closer look at that study, however, reveals that opportunity is alive and well. That does not mean we should be complacent about removing barriers to success for those born […]