CLM’s latest paper carefully compares Canada, Sweden, and the U.S. using comparable data sets and methodological choices. More important, it includes pure measures of rank mobility that are unaffected by changes in income inequality—a severe bug in the measures used in earlier research. CLM find that the three countries have very similar rates of relative mobility.
News and Research
Friday, May 08, 2015
Thursday, May 01, 2014
To this day, the United States of America attracts immigrants hoping for the “American Dream.” Unfortunately, people from poor backgrounds becoming rich through sheer hard work are heard of less and less in recent decades. The question is whether or not the American Dream is still attainable?
Monday, January 06, 2014
A new study has claimed that nearly 50 percent of all black males and almost 40 percent of white males in the U.S. are arrested by the age of 23, hurting their ability to find work, attend school and participate in their communities.
Thursday, January 03, 2013
Fiscal cliff negotiations tested everyone’s patience, but even young children who don’t understand national budgets may show signs of strain during such economic insecurity.
Thursday, February 12, 2015
It seems like most aspects of American society have gotten tangled up in student loan issues. Researchers have tied student loan debt to problems in the housing market and slow economic growth. The latest thing suffering from this glut of education debt is borrowers’ physical well-being, according to researchers from the University of South Carolina and the University of California, Los Angeles.
Tuesday, February 10, 2015
Recent analysis of a survey of a segment of millennials, those born between 1980 and 1984, found that 90 percent moved out of their parents' household by age 27. Of those moving out, however, over 50 percent returned. This return is sometimes referred as "Boomeranging," moving out of a parental home and back . This experience has implications for household formation that are at this point unknown but worth exploring.
Tuesday, December 06, 2011
Whether it’s having a child, getting married or cohabiting with a romantic partner, these markers of forming a family are a common right of passage to adulthood.
Wednesday, March 26, 2014
Young adults born in the early 1980s held an average of 6.2 jobs from age 18 through age 26, the U.S. Bureau of Labor Statistics reported today. Over two-thirds of these jobs were held from ages 18 to 22. Women with more education held more jobs than women with less education. Regardless of education, men held a similar number of jobs.
Saturday, February 23, 2013
Education loans help women more than men in graduating from college, a new US study has found.