Statistics reveals new, more precise insight into upward mobility between generations

As political rhetoric containing promises of education, social opportunities and other development for disadvantaged people continues to fill the airwaves, economics researchers have developed state-of-the-art statistical methods that uncover the impact of different aspects of upward mobility (or lack thereof), aside from parental income. The new research, titled “Status Traps,” appears in a recent issue of the Journal of Business & Economic Statistics.