How does Krueger's work relate to today's inequality?
My work on intergenerational mobility, exemplified by the 'Great Gatsby Curve,' directly connects to today's concerns about inequality. This curve illustrates the strong positive correlation between income inequality within a country and the persistence of economic status across generations. It suggests that as inequality rises, it becomes harder for individuals born into lower-income families to climb the economic ladder, a critical issue for social and economic policy today.
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