Actually, it suggests that rotation is very slow because class outcomes (social and economic) are genetic, with only the best families defeating regression to the mean. Intergenerational mobility where it exists is due to economic and technological factors – not education.
Source date (UTC): 2018-05-21 14:09:44 UTC
Original post: https://twitter.com/i/web/status/998566516097536000
Reply addressees: @ThewissenS @hbdchick
Replying to: https://twitter.com/i/web/status/997124077327237120
IN REPLY TO:
@ThewissenS
Intergenerational mobility in education and in income are positively correlated: suggests that persistence of income across generations occurs because of inherited endowments and preferences to invest in children
https://t.co/53PHETSTy2 https://t.co/ObCYNa5F8C
Original post: https://twitter.com/i/web/status/997124077327237120
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