Mary C. Daly discusses the extent to which individuals and families in the U.S. achieve upward economic and social mobility, focusing on comparisons over time and to other countries. Mary also discusses the implications of mobility for overall inequality.
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- Introduction & Talk Overview
0:00 - 3:29
- Economic Mobility Primer
3:30 - 7:34
- Do the Data Match Our Beliefs? Evidence of Absolute Mobility in the U.S.
7:35 - 11:13
- Do the Data Match Our Beliefs? Evidence of Relative Mobility in the U.S.
11:14 - 19:05
- Economic Mobility: The Role of College
19:06 - 23:15
- Economic Mobility: The American Dream Revisited
23:16 – 28:54
About the Speaker
Mary C. Daly is Senior Vice President and Associate Director of Research at the Federal Reserve Bank of San Francisco. Her areas of research span public finance, labor economics, and public policy. Mary has published widely on issues related to employment, wages, income inequality, and disability policy. In her role at the Bank, Mary supports the monetary policy function and serves as a system resource on issues related to employee retirement and health benefits. See her research page.
You May Be Interested In
Daly, Mary C., Bart Hobijn, and Brian Lucking. "Why Has Wage Growth Stayed Strong?" FRBSF Economic Letter (April 2, 2012).
Daly, Mary C., Kenneth A. Couch, and Colin Gardiner. "Life-Cycle Shocks and Income." FRBSF Economic Letter (March 14, 2011).
Daly, Mary C., Bart Hobijn, and Joyce Kwok. "Labor Force Participation and the Future Path of Unemployment." FRBSF Economic Letter (September 13, 2010).