Labour markets in North America and Europe have changed
tremendously in the face of increased globalisation and technical
progress, raising important challenges for policy makers concerned
with equality of opportunity. This book examines the influence of
both changes in income inequality and of social policies on the
degree to which economic advantage is passed on between parents and
children in the rich countries. Standard theoretical models of
generational dynamics are extended to examine generational income
and earnings mobility over time and across space. Over twenty
contributors from North America and Europe offer comparable
estimates of the degree of mobility, changes in mobility, and the
impact of government policy. In so doing, they strengthen the
analytical tool kit used in the study of generational mobility, and
offer insights for research and directions in dealing with equality
of opportunity and child poverty.
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