Geography plays a big role in whether a child born to low-income parents will rise to the top of the economic ladder, concluded a 2014 study led by Stanford’s Raj Chetty.The economists found that “a poor child raised in San Jose, or Salt Lake City, has a much greater chance of reaching the top than a poor child raised in Baltimore, or Charlotte,” writes Cohen. “They concluded that five correlated factors — segregation, family structure, income inequality, local school quality, and social capital — were likely to make a difference.”In a new working paper, Berkeley economist Jesse Rothstein found that school quality makes less of a difference than local labor markets (clear career pathways, union jobs, higher wages) and marriage patterns (concentrations of married or single-parent households).“We can’t educate people out of this problem,” Rothstein concludes.
Education, politics, and anything else that catches my attention.
Wednesday, October 04, 2017
The Role of Education in Social Mobility
It might not be as important as we currently think:
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