Thirteen Economic Facts about Social Mobility and the Role of Education

Thirteen Economic Facts about Social Mobility and the Role of Education
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关于社会流动性和教育作用的十三个经济事实

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发表时间:
2013
期刊:
影响因子:
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通讯作者:
Muxin Yu
Muxin Yu
中科院分区:
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文献类型:
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作者:
M. Greenstone;Adam Looney;Jeremy Patashnik;Muxin Yu

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The Hamilton Project seeks to advance America's promise of opportunity, prosperity, and growth. we believe that today's increasingly competitive global economy demands public policy ideas commensurate with the challenges of the 21st Century. The Project's economic strategy reflects a judgment that long-term prosperity is best achieved by fostering economic growth and broad participation in that growth, by enhancing individual economic security, and by embracing a role for effective government in making needed public investments. Our strategy calls for combining public investment, a secure social safety net, and fiscal discipline. In that framework, the Project puts forward innovative proposals from leading economic thinkers — based on credible evidence and experience, not ideology or doctrine — to introduce new and effective policy options into the national debate. first Treasury Secretary, who laid the foundation for the modern American economy. Hamilton stood for sound fiscal policy, believed that broad-based opportunity for advancement would drive American economic growth, and recognized that " prudent aids and encouragements on the part of government " are necessary to enhance and guide market forces. The guiding principles of the Project remain consistent with these views. Introduction This document provides thirteen economic facts on the growth of income inequality and its relationship to social mobility in America; on the growing divide in educational opportunities and outcomes for high-and low-income students; and on the pivotal role education can play in increasing the ability of low-income Americans to move up the income ladder. It is well known that the income divide in the United States has increased substantially over the last few decades, a trend that is particularly true for families with children. In fact, according to Census Bureau data, more than one-third of children today are raised in families with lower incomes than comparable children thirty-five years ago. This sustained erosion of income among such a broad group of children is without precedent in recent American history. Over the same period, children living in the highest 5 percent of the family-income distribution have seen their families' incomes double. What is less well known, however, is that mounting evidence hints that the forces behind these divergent experiences are threatening the upward mobility of the youngest Americans, and that inequality of income for one generation may mean inequality of opportunity for the next. It is too early to say for certain whether the rise in income inequality over the past few decades …