Children's chances of earning more than their parents have fallen from 90 percent to 50% over the past half century in America. How can we restore the American Dream of upward mobility for our children? In this talk, Raj Chetty will discuss recent work that he and his colleagues at Opportunity Insights have done to study this question. Among other topics, the talk will show how children's chances of climbing the income ladder vary across neighborhoods, analyze the sources of racial disparities in intergenerational mobility, and discuss the role of higher education in creating greater income mobility. The talk will conclude by discussing how local policymakers can harness big data to increase opportunity in their own communities and institutions. Raj Chetty is the William A. Ackman Professor of Economics at Harvard University. He is the director of Opportunity Insights, which uses "big data" to understand how we can give children from disadvantaged backgrounds better chances of succeeding. His research combines empirical evidence and economic theory to help design more effective government policies. His work on topics ranging from tax policy and unemployment insurance to education and affordable housing has been widely cited in academia, media outlets, and Congressional testimony. Chetty received his Ph.D. from Harvard University and is one of the youngest tenured professors in Harvard's history. He was named a MacArthur "Genius" Fellow in 2012. Rescheduled from 12/8/20.
Center for Child and Family Policy
Duke Population Research Institute (DuPRI); Sanford School of Public Policy