But some elucidation on the methodology would be greatly appreciated.

im looking for the study but I would assume it is based on the amount of people that end up with the same wealth as their parents

based on their parents

that is what intergenerational income elasticities means

So what does 0.5 and all those other integers mean?

In relation to social mobility?

That one in two people in the UK end up with the same exact wealth as their parents?

Is that what the 0,5 stands for?

Probably the likelihood of remaining in the same social class aroundabout as the parent.

Probably it means knowing the parent's wealth halves the variance of the child's wealth.

That is to say, it's a measure of how informative knowing the parent's wealth is for guessing the child's wealth.

Fair enough

But even a cursory read of that Wikipedia article admits that there has been growth in social mobility as time has gone by

I used to know the exact formula but I'm drawing a blank.

So... What's the end goal in pushing social mobility? Have it be done by force instead of by choice?

I asked this question weeks ago, but have you let your mask slip?

If climate change isn't real, how do you explain astrology?

BTFO Drumpf supporters

I want people to work to get the wealth they end up with. I don't want someone to be born poor and stay poor, I don't want someone to be born rich and stay rich

Do you have a chart that compares wealth with labor?

>I don't want someone to be born rich and stay rich

I can see why you wouldn't want someone born poor to stay that way

Maybe growing up around money makes people more motivated. I don't know but the chart you showed doesn't say anything about how much people work.

Ladies and gentlemen

but the other way around seems kind of... evil?

I present to you

The leftist monster

May God have mercy on your soul

Because people certainly won't

This is what god made helicopters for

^

@Louis Carlos Fer loves 🚁

Cannot deny

Especially with a side of Creedence yeah @Louis Carlos Fer

All I'm saying is, if rich people are human then how come I've never seen any staring at their reflection in a church while holding garlic and crucifixes?

Because of the crusades obviously. Checkmate tradcons.

http://ftp.iza.org/dp1993.pdf

fuck idk why google couldn't find this for me

that took forever

This is a lot of pages but maybe I'll work up the will to read it eventually.

the fucking chart isn't here either but the picture of it lists THIS title as it's origin