Monday 26 November 2018

Family matters for future wealth

(University of Technology Sydney) New research, for the first time using actual income numbers from two generations of Australians, reveals they do not easily move from low-income to high-income bands, however mobility is greater than the US. The analysis also suggests that family structure -- who you're married to, when you have children and how many you have -- matters when it comes to income mobility.

from EurekAlert! - Social and Behavioral Science https://ift.tt/2KxN5Cb

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