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Measuring Upward Mobility

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NBER2022-02-01 更新2025-01-04 收录
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We conceptualize and measure upward mobility over income or wealth. At the core of our exercise is the Growth Progressivity Axiom: transfers of instantaneous growth rates from relatively rich to poor individuals increases upward mobility. This axiom, along with mild auxiliary restrictions,

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2022-02-01
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