Raz Chetty's American Dream by Chloe Emerson18 https://padlet.com/cemerson0452/n9g8ls0ko6ou Chloe Emerson-Period 5 en-us 2016-11-15 21:16:01 UTC 2023-03-22 04:08:23 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Simplehouse.png What is Chetty's definition of the American Dream? cemerson0452 https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137918126 The American Dream is being able to move from the bottom fifth of the income distribution to the top fifth.]]> 2016-11-15 21:20:13 UTC https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137918126 Why does upward mobility vary by place? cemerson0452 https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137918723 Variance occurs due to heterogeneity and neighborhood effects. Heterogeneity is the fact that people live in different places and neighborhood effects display a casual effect on upward mobility for a given person.]]> 2016-11-15 21:23:16 UTC https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137918723 Policy Approaches cemerson0452 https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137919479 1. Help people move to better areas
    a. outcomes could be improved through giving low income families vouchers to move to better areas
     b. will affect young children but not teens or parents
2. Invest in places with low levels of opportunity to replicate successes of places with high upward mobility
    a. characterize features of areas that generate good outcomes]]> 2016-11-15 21:27:13 UTC https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137919479 Race and Upward Mobility cemerson0452 https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137922436 1. Areas with larger African American populations have a lower level of upward mobility.
2. This isn't only due to a lack of mobility across racial groups; families that move to areas with high African American Populations will experience a decrease in their children's outcomes
3. African American communities tend to have less investments in in public goods and schools
4. Place effects amplify racial inequality]]> 2016-11-15 21:39:41 UTC https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137922436 FUN FACT :) cemerson0452 https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137923621 San Jose, California provides a 12.9% chance of rising to the bottom to the top fifth of the income distribution. The City that offers the largest chance for this "American Dream" is Dubuque, Iowa, with a 17.9% chance.]]> 2016-11-15 21:43:46 UTC https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137923621 cemerson0452 https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137966207 2016-11-16 03:55:47 UTC https://padlet.com/cemerson0452/n9g8ls0ko6ou/wish/137966207