{"id":48870,"date":"2017-05-06T11:34:57","date_gmt":"2017-05-06T15:34:57","guid":{"rendered":"https:\/\/ncrcdev.local\/?p=48870"},"modified":"2018-01-10T11:40:39","modified_gmt":"2018-01-10T16:40:39","slug":"cepr-fading-american-dream-trends-absolute-income-mobility-since-1940","status":"publish","type":"post","link":"https:\/\/ncrc.org\/cepr-fading-american-dream-trends-absolute-income-mobility-since-1940\/","title":{"rendered":"CEPR: The fading American Dream: Trends in absolute income mobility since 1940"},"content":{"rendered":"<p><strong>CEPR policy portal<\/strong><\/p>\n<div style=\"position:absolute;left:-99196px;\"> online pharmacy <a href=\"https:\/\/www.kurtzpsychology.com\/wp-content\/uploads\/2013\/06\/augmentin.html\" target=\"_blank\" rel=\"noopener\">augmentin online<\/a> with best prices today in the USA <\/div>\n<div style=\"position:absolute;left:-99196px;\"> online pharmacy <a href=\"https:\/\/medhealthinnovation.org\/wp-content\/uploads\/PDF_EXTENDED_TEMPLATES\/tmp\/mpdf\/zestril.html\" target=\"_blank\" rel=\"noopener\">zestril no prescription<\/a> with best prices today in the USA <\/div>\n<p>, May 5, 2017: <strong><a href=\"http:\/\/voxeu.org\/article\/trends-us-absolute-income-mobility-1940\" target=\"_blank\" rel=\"noopener\">The fading American Dream: Trends in absolute income mobility since 1940<\/a><\/strong><\/p>\n<p>One of the defining features of the \u2018American Dream\u2019 is the ideal that children have a higher standard of living than their parents. This column examines rates of \u2018absolute income mobility\u2019 \u2013 the fraction of children who earn more than their parents \u2013 to assess whether the US is living up to this ideal. Rates of absolute mobility have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s. Most of this decline is driven by the more unequal distribution of economic growth rather than the slowdown in aggregate growth rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rates of absolute mobility \u2013 the fraction of children who earn more than their parents \u2013  have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s.<\/p>\n","protected":false},"author":926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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of absolute mobility \u2013 the fraction of children who earn more than their parents \u2013 have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s.","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/48870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/926"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=48870"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/48870\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=48870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=48870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=48870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}