
Vincent Geloso - What Effects Income Mobility?
The Curious Task
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The Impact of Inequality on Income Mobility
There's two forces that are playing against each other, the effect the negative effect of inequality. But then there's a supply effect we're actually you're increasing the rewards. In economically free societies, you will find that they win medals in greater proportion despite higher level of income inequality. The argument that people make inequality has an impact on income mobility is not theoretically good.
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