[OC] How Much Does Your Parents Income Determine Yours?

    by Docs_For_Developers

    2 Comments

    1. Docs_For_Developers on

      **Data Source**

      Historical Data (1850–1970): Song et al. (2020), “Long-Term Decline in Intergenerational Mobility in the United States since 1850”

      Modern Data (1980–1993): Chetty et al. (2014), “Where is the Land of Opportunity?”

      **Tools**

      Chart.js, HTML/CSS

      **Methodology**
      This chart tracks the Rank-Rank Correlation of income.

      * 0.0 = Perfect Mobility (Parent rank doesn’t predict child rank).
      * 1.0 = Perfect Immobility (Child rank is determined entirely by parent rank).

      The data shows a rise from 0.17 in the 1850s to ~0.34 today, indicating that class mobility has significantly decreased over time.

      **Code**

      [https://github.com/theaustinhatfield/IncomeMobility](https://organic-waffle-pjwxg7jp44q9h777r.github.dev/)

      ^ lmk if you’re interested in adding other countries to the graph I think that could be cool

    2. Every-Cup-4216 on

      Wow, so the most prominent dip appears to have surfaced during WW2, meaning that ex-military likely drove the increased income mobility.

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