Gonzalo Schwarz, president and CEO of the Archbridge Institute, reviews the literature and examines recent studies on the importance of structural factors in understanding economic mobility. He finds that the analysis raises quite a few questions and notes that expanding the opportunity to climb the income ladder should be the main focus of the inequality and mobility debate.
Is occupational licensing preventing individuals from earning more than their parents? Professors Edward Timmons and Brian Meehan together with researchers Andrew Meehan and John Hazenstab take a closer look at this question to discover how recent increases in occupational licensing requirements are associated with economic mobility.
Director of Programs Ben Wilterdink reviews the literature and examines recent studies on the connections between minimum wage increases, the availability of entry-level work, and trends in teenage employment. He finds that the current discussions about increasing the minimum wage overlook some far-reaching consequences for individuals and their ability learn the skills needed for future economic success.
In “Barriers to Mobility: Understanding the Relationship Between Growth in Occupational Licensing and Economic Mobility,” economists Brian Meehan, Edward Timmons, and Andrew Meehan track the state-by-state growth in low- to moderate-income occupations requiring a license from 1993 to 2012 and compare it to rates of economic mobility. The researchers conclude that, although further research is needed, there is evidence to suggest that the growth in occupational licensing requirements negatively affects economic mobility.
Across the globe, people always seek more opportunity for themselves and for their children. The last several decades have seen a steady increase in living standards, particularly in wealthy nations—but has this translated into feelings of better opportunities for success than previous generations? To answer this question, and others related to attitudes regarding economic opportunity and mobility, Archbridge Institute Honorary Advisor Dr. Scott Winship analyzes poll results from rich nations and compares them to historical trends.
Economic mobility has become a leading policy concern across the political spectrum in America. But “opportunity” and “mobility” are elusive concepts. Dr. Scott Winship provides an overview of the different ways of measuring both relative and absolute mobility (i.e., movement in ranks and movement in dollars). He distinguishes between mobility indicators that assess movement in different parts of the parental and child income distributions, as well as summary measures that describe how mobility does or does not reduce childhood inequalities.
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New California licensing reform should go further for workers
This article was originally published in the Orange County Register
California’s new licensing reform law is a step in the right direction, but state lawmakers...
