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Symposium 2015

Background Paper - Promoting Economic Mobility

The Challenge

For a generation after World War II, growth rates in much of the developed capitalist world were high and income inequality was by historical standards relatively reduced. More recently, however, ineq ...

For a generation after World War II, growth rates in much of the developed capitalist world were high and income inequality was by historical standards relatively reduced. More recently, however, inequality appears to have risen sharply, with especially marked increases near the top of the income distribution. Wealth has been less studied, but appears even more concentrated in many countries.