Our 2min summaries provide a quick overview of academic papers on inequality (and some books). The idea of the 2-minute paper is to crowd-source a literature review that is useful to our group members. If you've recently read an interesting paper or book and would like to submit a summary, please visit our submission page.
The Point: The authors find that intergenerational mobility in the United States has not decreased over time (looking at birth cohorts from 1971-1993), despite the fact that inequality over this time period has increased. The Quote: "Envision the income distribution as a ladder, with each percentile representing a different rung. The rungs of the ladder have grown further apart (inequality has increased), but children's chances of climbing from lower to higher rungs have not