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      The fading American dream: Trends in absolute income mobility since 1940

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          Income Inequality in the United States, 1913-1998

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            Skills, education, and the rise of earnings inequality among the "other 99 percent".

            The singular focus of public debate on the "top 1 percent" of households overlooks the component of earnings inequality that is arguably most consequential for the "other 99 percent" of citizens: the dramatic growth in the wage premium associated with higher education and cognitive ability. This Review documents the central role of both the supply and demand for skills in shaping inequality, discusses why skill demands have persistently risen in industrialized countries, and considers the economic value of inequality alongside its potential social costs. I conclude by highlighting the constructive role for public policy in fostering skills formation and preserving economic mobility.
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              Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility

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                Author and article information

                Journal
                Science
                Science
                American Association for the Advancement of Science (AAAS)
                0036-8075
                1095-9203
                April 27 2017
                April 28 2017
                : 356
                : 6336
                : 398-406
                Article
                10.1126/science.aal4617
                28438988
                54a0b5cd-c80e-447e-a375-38042598a20e
                © 2017
                History

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