Mobility is lower in
the U.S. than in the U.K., where it is lower again compared to t
he Nordic countries. Persis-
tence is greatest in the tails of the distributions and tends
to be particularly high in the upper
tails: though in the U.S. this is reversed with a particularl
y high likelihood that sons of the
poorest fathers will remain in the lowest earnings quintile
. This is a challenge to the popu-
lar notion of ’American exceptionalism’.
http://wrap.warwick.ac.uk/81/1/WRAP_Naylor_twerp_781.pdf
Mobility is lower in the U.S. than in the U.K., where it is lower again compared to t he Nordic countries. Persis- tence is greatest in the tails of the distributions and tends to be particularly high in the upper tails: though in the U.S. this is reversed with a particularl y high likelihood that sons of the poorest fathers will remain in the lowest earnings quintile . This is a challenge to the popu- lar notion of ’American exceptionalism’.