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PETRUS

(3,678 posts)

2. Source, explanation

Reply to FreeJoe (Reply #1)

Wed Jul 18, 2012, 03:32 PM

Jul 2012

The data is from Miles Korack's research.

The y axis is an expression of the percentage difference among a population's incomes and their parent's incomes. A "1" at the top of the scale is a 100% match to the parents' incomes. A ".5" is a 50% match, i.e. if your dad made twice what my dad made, then you would be making 50% more than I make.

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Chart: economic mobility and inequality [View all] PETRUS Jul 2012 OP

Is the scale right? FreeJoe Jul 2012 #1

Source, explanation PETRUS Jul 2012 #2