Income inequality and social origins

Artikel

Income inequality has been on the rise in many countries. Is this bad? One way to decide is to look at the degree of change in incomes across generations (intergenerational mobility) and, more generally, at the extent to which income differences among individuals are traceable to their social origins. Inequalities that reflect factors largely out of an individual's control—such as parents' education, local schools, and communities—require attention in order to reduce income inequality. Evidence shows a negative association between income inequality and intergenerational mobility, and a positive relationship between mobility and economic performance.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2021 ; Bonn: Institute of Labor Economics (IZA)

Classification and Topics

• Classification: Wirtschaft ; Job, Occupational, and Intergenerational Mobility; Promotion
• Subject: income inequality ; intergenerational mobility ; social origins ; Great Gatsby curve

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Cappellari, Lorenzo
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2021

Further information

• DOI: doi:10.15185/izawol.261.v2
• Handle: http://hdl.handle.net/10419/260698
• Last update: 10.03.2025, 11:44 AM CET