Trends in Intergenerational Mobility: Declining Opportunity Since 1980
Ask and ye shall receive. Roger Chittum sent me this:
Estimated correlations between sons’ and parents’ incomes, 1950-2000
Higher correlations, of course, mean lower mobility.
Why do all these inflection points land at 1980 (or just before)?
While you’re there, don’t miss this incredible interactive graphic: