Excerpt
June 2022, Paper: "Targeting programs during childhood is the best way to increase upward economic mobility. A defining feature of the American Dream is upward mobility—the ability of all children to have a chance at economic success, no matter their background. Unfortunately, children’s chances of earning more than their parents have declined in recent decades. Whereas 90 percent of children born in 1940 grew up to earn more than their parents, only half of today’s young adults earn more than their parents did at the same age. Our research group focuses on understanding which policies can help expand economic opportunity—both in the United States and elsewhere." Read Via the IMF
Non-HKS Harvard Author Websites - Raj Chetty and Nathaniel Hendren