Labour markets in North America and Europe have changed
tremendously in the face of increased globalization 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. Twenty
contributors from North America and Europe offer comparable
estimates of the degree of mobility, how it has changed through
time, and the impact of government policy. In so doing, they extend
the analytical tool kit used in the study of generational mobility,
and offer insights for not only the conduct of future research but
also directions for policies dealing with equality of opportunity
and child poverty.
General
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