Generational Income Mobility in North America and Europe [Hardcover]

An analysis contrasting economic mobility in American/British economies with corporate state models of continental Europe.What economic regimes offer children born into poor families the best hope of moving into higher income groups? This study analyses and contrasts the experience of the more free market North American and British economies with the more corporate state models of continental Europe. The book has been written by leading economists from North America and Europe and combines innovative methdology with surprising conclusions. The book ends with two more policy-oriented, less technical chapters which place integenerational mobility in a broader perspective.What economic regimes offer children born into poor families the best hope of moving into higher income groups? This study analyses and contrasts the experience of the more free market North American and British economies with the more corporate state models of continental Europe. The book has been written by leading economists from North America and Europe and combines innovative methdology with surprising conclusions. The book ends with two more policy-oriented, less technical chapters which place integenerational mobility in a broader perspective.What economic regimes offer children born into poor families the best hope of moving into higher income groups? This study analyzes and contrasts the experience of the more free market based North American and British economies with the more corporate state models of continental Europe. Written by leading economists from North America and Europe, the book combines innovative methodology with surprising conclusions. It ends with two more policy-oriented chapters which consider intergenerational mobility in a broader perspective.1. Introduction M. Corak; 2. A model of intergenerational mobility variation over time and place G. Solon; 3. Equal opportunity and intergenerational mobility: going beyond intergenerational income transition matrices John E. Roemelm