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Friday, January 24, 2014

Marriage, Co-Habitation And Poverty

 

"First, the income of your parents matters--not just as a strong predictor for your own income (given how weak social mobility is), but also as a nudge for your life path...Second, your parents' marriage (or living arrangement) matters. The single strongest predictor of a child's economic fortunes is the fraction of single parents in the area where she grew up." Derek Thompson in The Atlantic.



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