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Vincent Geloso - What Effects Income Mobility?

The Curious Task

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How Much Did Your Parents Income Increase?

The data will tell you automatically just from the absolute income because it plays a role. The top 20% in 1990 got a 500% increase in income so they're income increased by a factor of five. And the poor to start their income increase by a factors of 10, then you know that the poor have moved up the income distribution relative to the rich and that is enough. We generally from those it's sufficient.

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