Tag Archives: skills

INCOME INEQUALITY SOCIAL MOBILITY

AND ECONOMIC GROWTH*

Federico Cingano, ELS Employment Analysis Division

*Source: OECD (2015) In It Together: Why less inequality benefits all OECD Publishing, Paris.2/15• Long-standing interest in data collection and analysis • Early works → mid 1970s; regular data collection → mid 1990s• Documented the (increasing) patterns of income inequality across MCs in many publications • Latest one warns: “The gap between rich and poor is at its highestlevel since 30 yearsâ€OECD work on income distribution …Shares of bottom, middle and top incomes in total income, OECD average 1985 to 2011/12, 1985 = 10.800.901.001.101.201985 1990 1995 2000 2005 2010Traditional definitionbottom 10% middle […]

102 pounds of economic-mobility-generating muscle


I was wading deep into a wonk-fest of a report about economic mobility. Suddenly, the authors were writing about my mother:

“We think one of the most direct ways to reduce poverty, and possibly to increase economic mobility, is to help single mothers work and to improve their skills so they can earn higher wages.”

If you asked my mother what she did for a living, this is not what she would say. But it is her legacy.My mother taught nursing at a community college for 30 years. That makes her a one-woman anti-poverty machine. My mother is 102 pounds of […]

The author of Rise of the Creative Class is grappling with its dark side


ehpien Georgetown is one of Washington DC’s most expensive neighborhoods. No one has done more to promote the return of educated professionals to cities than Richard Florida. In his 2002 classic The Rise of the Creative Class , Florida argued that “creative class” professionals like engineers, artists, architects, and college professors held the key to revitalizing America’s cities. He encouraged cities to cater to the tastes of these creative professionals by developing walkable urban neighborhoods well-served by transit and with ample amenities.

Florida’s predictions have come true even more quickly than he expected. “I would have never predicted that this […]

BY JULIA B. ISAACS, The Brookings Institution

INTERNATIONAL COMPARISONS OF

ECONOMIC MOBILITY

reedom from the constraints of aristocratic society lured many of our ancestors tocross the ocean to the New World. European visitors such as Alexis de Tocqueville marveled at the economic dynamism and social mobility of American society in the first half of the nineteenth century.1 More recently, immigrants continue to cross our boundaries in search of the promise of the American Dream. Given this history, many Americans believe that the opportunities for moving up the economic ladder are greater in the United States than they arein other countries. But is this widely held assumption of greater […]

Egalitarianism under Pressure: Toward Lower Economic Mobility in the Knowledge Economy?

Discussion PaPer series

IZA DP No. 10664

Simen Markussen Knut RøedAny opinions expressed in this paper are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but IZA takes no institutional policy positions. The IZA research network is committed to the IZA Guiding Principles of Research Integrity. The IZA Institute of Labor Economics is an independent economic research institute that conducts research in labor economics and offers evidence-based policy advice on labor market issues. Supported by the Deutsche Post Foundation, IZA runs the world’s largest network of economists, whose research aims […]

Bernie Sanders can Calm Down, Inequality is not a Big Problem


Abstract
Income inequality is one of the hottest political issues in the United States. It was at the center of the “Bernie Revolution” in the 2016 Democratic Primaries and continued into the 2016 General Election. A 2015 ABC News poll found that forty-six percent of Americans thought that “the way income and wealth are distributed in the U.S.” worries them a great deal (Feather, 2015). Similarly, Thomas Piketty’s Capital in the 21 Century argued for the dangers of inequality was praised by multiple Nobel Laureate Economists and is already considered one of the most influential books of the […]

Restoring America’s Economic Mobility

Frank Buckley
Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]

The concept of “fissure” explains a lot of what’s wrong with the economy


There was a time if you looked around your office everyone was an employee of the company’s whose name was on the door. Now, odds are the person you call for tech support, the person at the front desk, and the cleaning staff all work for someone else, namely a firm that supplies contractors to companies like yours. This is known as workplace fissure.

Research by economists Larry Katz and Alan Krueger has explored the trends in alternative work arrangements like these (pdf). They estimate that non-standard employment (gig work, temp work, contractors) accounted for a around 10% of American […]

How Child Care Enriches Mothers, and Especially the Sons They Raise


Jasmin Cross trying to study while her sons, Sebastian and Vyvyan, played in their home in Portland, Ore. She attends a community college and their father works full time, which she said they could not do without free child care through Head Start. As many American parents know, hiring care for young children during the workday is punishingly expensive, costing the typical family about a third of its income.

Helping parents pay for that care would be expensive for society, too. Yet recent studies show that of any policy aimed to help struggling families, aid for high-quality care has the […]

The American Dream is both real and at risk.


This fundamental paradox – that today is a good time and a challenging time to be a young person in America – is at the heart of Our Work.

Many young people are better off than ever before in America. High school graduation is at an all-time high, and teen pregnancy is at a historic low. More young children are in preschool, and fewer teens are using drugs and alcohol. More young people are graduating college, and fewer young people are in prison. But many young people still face enormous challenges. Just over 12 percent of youth are not in […]