Aparna Mathur and Abby McCloskey, AEI, March 2014
"In this paper, we review the literature on the state of intergenerational mobility in America. Most studies find that a parent’s level of income is a significant determinant in a child’s income level. The causes for persistence identified by the literature include (1) segregation, (2) income inequality labor market challenges, (3) welfare programs, (4) education, and (5) family structure. We provide policy proposals in each of these areas."