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Economic mobility is the ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income.Economic mobility is often measured by movement between income quintiles.Economic mobility may be considered a type of social mobility, which is often measured in change in income.
Social mobility is the movement of individuals, families, households, or other categories of people within or between social strata in a society. It is a change in social status relative to one's current social location within a given society.
Miles Corak is Director of Family and Labour Studies at Statistics Canada. He is also adjunct professor with the Department of Economics at Carleton University, a Research Fellow at the Institute for the Study of Labor (Bonn) and during 2003/04 was a visiting researcher at the UNICEF Innocenti Research Centre.
Upward mobility is the ability to rise to a higher level of income. In the United States, income inequality means upward mobility is not equal everywhere.
In some places, the new estimates of mobility conflict with earlier estimates. For example, previous estimates suggested that New York City was a good place for lower-income children to grow up ...
INCOME INEQUALITY SOCIAL MOBILITY AND ECONOMIC GROWTH* Federico Cingano, ELS Employment Analysis Division NERO Conference Paris, 22 June 2015
Race Matters: Income Shares, Income Inequality, and Income Mobility for All U.S. Races Randall Akee, Maggie R. Jones, Sonya R. Porter. NBER Working Paper No. 23733 Issued in August 2017
Who Becomes an Inventor in America? The Importance of Exposure to Innovation Bell, Chetty, Jaravel, Petkova, and Van Reenen (2017) Patent Rates by CZ/State, Parent Income, Gender, Age, and College
Economic Security Programs Help Low-Income Children Succeed Over Long Term, Many Studies Find
A growing body of research debunks the idea that school quality is the main determinant of economic mobility.