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A Closer look at Income Mobility
Wed, 05/14/2008 - 22:29 — admin
New York Times
By DAVID LEONHARDT
Mobility -- the movement of families up and down the economic ladder -- is the promise that lies at the heart of the American dream. Economists sometimes study mobility by examining what percentage of families move to a different section of the income spectrum over time. Some families do move up and down the income spectrum, but it does not seem to be happening quite as often as it used to.
http://www.nytimes.com/packages/html/national/20050515_CLASS_GRAPHIC/ind...
http://www.nytimes.com/2005/05/14/national/class/15MOBILITY-WEB.html?_r=...