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Measuring Upward Mobility in Developing Countries
This chapter explores the challenges of assessing upward mobility in low and middle-income countries, focusing on the scarcity of panel data and the impact of informal economies. It introduces a novel framework that evaluates mobility across social groups rather than individuals, highlighting the need for nuanced approaches to understand wealth distribution. The discussion underscores the importance of considering both absolute and relative mobility while emphasizing shared growth benefits for disadvantaged populations.