Country Comparison
Several studies have been made comparing social mobility between developed countries. One such study (“Do Poor Children Become Poor Adults?") found that of nine developed countries, the United States and United Kingdom had the lowest intergenerational vertical social mobility with about half of the advantages of having a parent with a high income passed on to the next generation. The four countries with the lowest "intergenerational income elasticity", i.e. the highest social mobility, were Denmark, Norway, Finland, and Canada with less than 20% of advantages of having a high income parent passed on to their children. (see graph)
Read more about this topic: Social Mobility
Famous quotes containing the words country and/or comparison:
“Lars Jorgensen: It’s this country killed my boy. Yes, by golly, I tell you Ethan—
Mrs. Jorgensen: Now Lars. It just so happens we be Texicans. A Texican is nothing but a human man way out on a limb, this year, and next, maybe for a hundred more. But I don’t think it’ll be forever. Someday this country’s going to be a fine good place to be. Maybe it needs our bones in the ground before that time can come.”
—Frank S. Nugent (1908–1965)
“Away with the cant of “Measures, not men!”Mthe idle supposition that it is the harness and not the horses that draw the chariot along. No, Sir, if the comparison must be made, if the distinction must be taken, men are everything, measures comparatively nothing.”
—George Canning (1770–1827)