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PETRUS

(3,678 posts)
Wed Jul 18, 2012, 12:57 PM Jul 2012

Chart: economic mobility and inequality [View all]

The y axis, "Intergenerational earnings elasticity," is a measure of economic mobility. The lower on the axis, the more mobility.

The x axis is the GINI coefficient, a standard measure of inequality. The further to the right, the greater the inequality.



Not only does the US have more inequality than places like Germany, Japan, and Canada but it appears to be substantially more difficult to overcome the circumstances of one's birth.

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Is the scale right? FreeJoe Jul 2012 #1
Source, explanation PETRUS Jul 2012 #2
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