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Fifekova, a researcher of economic policy at the University of Economics in Bratislava, et al. have found the Global Social Mobility Index to be a key determinant of income inequality. [7] The relationship between social mobility and income inequality can be explained by cause-effect cycles. [7]
The "Great Gatsby Curve" is the term given to the positive empirical relationship between cross-sectional income inequality and persistence of income across generations. [1] The scatter plot shows a correlation between income inequality in a country and intergenerational income mobility (the potential for its citizens to achieve upward mobility).
How strongly economic and social mobility are related depends on the strength of the intergenerational relationship between class and income of parents and kids, and "the covariance between parents' and children's class position". [28] Economic and social mobility can also be thought of as following the Great Gatsby curve. This curve ...
Economic mobility is the ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income. Economic mobility is often measured by movement between income quintiles. Economic mobility may be considered a type of social mobility, which is often measured in change in income.
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
The concept of inequality is distinct from that of poverty [5] and fairness. Income inequality metrics (or income distribution metrics) are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.
The formation of academic mobility networks can be explained by changes in systems of education. The governments of some countries allocated funds to improve tertiary education for international students. For some countries, the presence of international students represents an indicator of quality of their education system.
Peter M. Blau (1918–2002) and Otis Duncan (1921–2004) were the first sociologists to isolate the concept of status attainment. Their initial thesis stated that the lower the level from which a person starts, the greater is the probability that he will be upwardly mobile, simply because many more occupational destinations entail upward mobility for men with low origins than for those with ...