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Brad DeLong's Grasping Reality 2019-09-29 22:36:16

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Abraham Gutman: When Moving to Opportunity Offers No Opportunity at All: A Lesson from the Great Migration: "Ellora Derenoncourt.... Historically, Northern cities offered much more upward mobility to both white and black children.... But at some point something changed. 'That pattern [of upward mobility] persists for white families', Derenoncourt says, '[but] it’s completely not true for black families anymore'. For black children, growing up in Northern cities like Philadelphia doesn’t offer any more opportunity in terms of upward mobility than growing up in the South... #noted

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Abraham Gutman: When Moving to Opportunity Offers No Opportunity at All: A Lesson from the Great Migration: "Ellora Derenoncourt.... Historically, Northern cities offered much more upward mobility to both white and black children.... But at some point something changed. 'That pattern [of upward mobility] persists for white families', Derenoncourt says, '[but] it’s completely not true for black families anymore'. For black children, growing up in Northern cities like Philadelphia doesn’t offer any more opportunity in terms of upward mobility than growing up in the South...


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Bradford DeLong
J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

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