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:
“I can love both fair and brown;
Her whom abundance melts, and her whom want betrays;
Her who loves loneness best, and her who masks and plays;
Her whom the country formed, and whom the town;
Her who believes, and her who tries;
Her who still weeps with spongy eyes;
And her who is dry cork, and never cries.
I can love her, and her, and you and you,
I can love any, so she be not true.”
—John Donne (1572–1631)
“When we reflect on our past sentiments and affections, our thought is a faithful mirror, and copies its objects truly; but the colours which it employs are faint and dull, in comparison of those in which our original perceptions were clothed.”
—David Hume (1711–1776)