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The Long Road to Equality: Racial Capital and Generational Convergence

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NBER2025-04-01 更新2025-04-19 收录
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The slow convergence of racial disparities in economic outcomes since 1870 suggests a high degree of intergenerational persistence in socioeconomic status at the group level. In contrast, microdata-based estimates of family-level intergenerational mobility suggest much lower persistence. These

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2025-04-01
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