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Robert Manduca



Articles by Robert Manduca

The American Dream is less of a reality today in the United States, compared to other peer nations

April 28, 2021

The hope that children will grow up to have higher standards of living than their parents is widespread around the world. In the United States, this concept is considered by many to be a core component of the American Dream—the idea of a “better life for your children” is a major part of what has drawn immigrants to this country for generations.

Recent research, however, shows that in the United States, the rate of upward absolute income mobility—the fraction of children who grow up to earn more than their parents, after adjusting for inflation—declined substantially over the past 50 years. More than 90 percent of U.S. children born in 1940 had higher real incomes at age 30 than their parents did, but only about 50 percent of children born in 1980 can say the same. This raises

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Trends in Absolute Income Mobility in North America and Europe

April 28, 2021

Download File042821-WP-Trends in Absolute Income Mobility in North America and Europe-Manduca and others

Authors:

Robert Manduca, University of Michigan, Ann ArborMaximilian Hell, Code for AmericaAdrian Adermon, Institute for Evaluation of Labor Market and Education PolicyJo Blanden, University of SurreyEspen Bratberg, University of BergenAnne C. Gielen, Erasmus University RotterdamHans van Kippersluis, Erasmus University RotterdamKeun Bok Lee, University of California, BerkeleyStephen Machin, London School of EconomicsMartin D. Munk, Aarhus UniversityMartin Nybom, Uppsala UniversityYuri Ostrovsky, Massachusetts Institute of TechnologySumaiya Rahman, Frontier EconomicsOuti Sirniö, Finnish Institute for Health and Welfare

Abstract:

We

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