On This PageSeptember 2002, No. 181

Analyzing Income Mobility over Generations
Last Updated: 08/15/02

Recent research on the transmission of economic status from one generation to the
next suggests that the persistence in inequality is about 50% higher than previously
thought. While the underlying factors that cause substantial immobility in the U.S.
remain poorly understood, borrowing constraints among families with low net worth may play a role in perpetuating inequality.