But That’s Not What Economic Mobility Is!
Fields, Gary S.
[Excerpt] How many times have you attended a talk or read a paper on economic mobility and thought, “What you are talking about is not what I am interested in”? Not only do different people have different ideas about what economic mobility is, but they have different clear ideas about what economic mobility is. The purpose of this paper is to present the essential features of the different economic mobility concepts that are found in the literature.
economic mobility; microbility; macrobility concepts and sub-concepts; decomposability; relative and absolute mobility; welfarist approaches; Markov chains; pseudo-panels
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