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Land of Opportunity? Economic Mobility in the United States, No. 13-07

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Land of Opportunity? Economic Mobility in the United States, No. 13-07

DATE: July 2013

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ABSTRACT: Income inequality has increased in recent years, while economic mobility has decreased. Many factors contribute to mobility, but for most people advancement depends on opportunities to obtain human capital — opportunities that are not as good for children in poor families. Initiatives that focus on early childhood education seem to yield high returns on investment and potentially could help the United States achieve a more inclusive prosperity.

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Athreya, Kartik B., 1971- , Romero, Jessica Sackett and Federal Reserve Bank of Richmond. "Land of Opportunity? Economic Mobility in the United States, No. 13-07," Economic Brief (July 2013). https://fraser.stlouisfed.org/title/6034/item/583914, accessed on June 8, 2023.

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