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Economic Mobility
Economic mobility is the ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income. Economic mobility is often measured by movement between income quintiles. Economic mobility may be considered a type of social mobility, which is often measured in change in income. Types of mobility There are many different ideas in the literature as to what constitutes a good mathematical measure of mobility, each with their own advantages and drawbacks. Mobility may be between generations ("inter-generational") or within a person's or group's lifetime ("intra-generational"). It may be "absolute" or "relative". Inter-generational mobility compares a person's (or group's) income to that of her/his/their parents. Intra-generational mobility, in contrast, refers to movement up or down over the course of a working career. Absolute mobility involves widespread economic growth and answers the question "To what extent do famili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intergenerational Mobility
Social mobility is the movement of individuals, families, households or other categories of people within or between Social stratification, social strata in a society. It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an Open system (systems theory)#Social sciences, open system of social stratification. Open stratification systems are those in which at least some value is given to achieved status, achieved status characteristics in a society. The movement can be in a ''downward'' or ''upward'' direction. Markers for social mobility such as education and class, are used to predict, discuss and learn more about an individual or a group's mobility in society. Typology Mobility is most often quantitative research, quantitatively measured in terms of change in economic mobility such as changes in income or wealth. Occupation is another measure used in researching mobility which usuall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Mobility
Social mobility is the movement of individuals, families, households or other categories of people within or between social strata in a society. It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an open system of social stratification. Open stratification systems are those in which at least some value is given to achieved status characteristics in a society. The movement can be in a ''downward'' or ''upward'' direction. Markers for social mobility such as education and class, are used to predict, discuss and learn more about an individual or a group's mobility in society. Typology Mobility is most often quantitatively measured in terms of change in economic mobility such as changes in income or wealth. Occupation is another measure used in researching mobility which usually involves both quantitative and qualitative analysis of data, but other studies may concentrate on soci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Immigrants
Immigration is the international movement of people to a destination country of which they are not usual residents or where they do not possess nationality in order to settle as permanent residents. Commuters, tourists, and other short-term stays in a destination country do not fall under the definition of immigration or migration; seasonal labour immigration is sometimes included, however. Economically, research suggests that migration can be beneficial both to the receiving and sending countries. The academic literature provides mixed findings for the relationship between immigration and crime worldwide. Research shows that country of origin matters for speed and depth of immigrant assimilation, but that there is considerable assimilation overall for both first- and second-generation immigrants. Discrimination based on nationality is legal in most countries. Extensive evidence of discrimination against foreign-born persons in criminal justice, business, the economy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socioeconomic Status
Socioeconomic status (SES) is a measurement used by economics, economists and sociology, sociologsts. The measurement combines a person's work experience and their or their family's access to economic resources and social position in relation to others. In common parlance, "socioeconomic status" is synonymous with social class. However, academics distinguish social class from socioeconomic status, using the former to refer to one's relatively stable cultural background and the latter to refer to one's current social and economic situation which is consequently more changeable over time. When analyzing a family's SES, the household income and the education and occupations of its members are examined, whereas for an individual's SES only their own attributes are assessed. Recently, research has revealed a lesser-recognized attribute of SES as perceived financial stress, as it defines the "balance between income and necessary expenses". Perceived financial stress can be tested by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Race (classification Of Human Beings)
Race is a categorization of humans based on shared physical or social qualities into groups generally viewed as distinct within a given society. The term came into common usage during the 16th century, when it was used to refer to groups of various kinds, including those characterized by close kinship relations. By the 17th century, the term began to refer to physical (phenotypical) traits, and then later to national affiliations. Modern science regards race as a social construct, an identity which is assigned based on rules made by society. While partly based on physical similarities within groups, race does not have an inherent physical or biological meaning. The concept of race is foundational to racism, the belief that humans can be divided based on the superiority of one race over another. Social conceptions and groupings of races have varied over time, often involving folk taxonomies that define essential types of individuals based on perceived traits. Modern scientist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black People
Black is a racial classification of people, usually a political and skin color-based category for specific populations with a mid- to dark brown complexion. Not all people considered "black" have dark skin and often additional phenotypical characteristics are relevant, such as facial and hair-texture features; in certain countries, often in socially based systems of racial classification in the Western world, the term "black" is used to describe persons who are perceived as dark-skinned compared to other populations. It is most commonly used for people of sub-Saharan African ancestry, Indigenous Australians and Melanesians, though it has been applied in many contexts to other groups, and is no indicator of any close ancestral relationship whatsoever. Indigenous African societies do not use the term ''black'' as a racial identity outside of influences brought by Western cultures. Contemporary anthropologists and other scientists, while recognizing the reality of biological ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White People
White is a Race (human categorization), racial classification of people generally used for those of predominantly Ethnic groups in Europe, European ancestry. It is also a Human skin color, skin color specifier, although the definition can vary depending on context, nationality, ethnicity and point of view. Description of populations as "White" in reference to their skin color is occasionally found in Greco-Roman ethnography and other ancient or medieval sources, but these societies did not have any notion of a White race or pan-European identity. The term "White race" or "White people", defined by their light skin among other physical characteristics, entered the major European languages in the later seventeenth century, when the concept of a "unified White" achieved greater acceptance in Europe, in the context of racialization, racialized slavery and social status in the European colonies. Scholarship on Race (human categorization), race distinguishes the modern concept from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exogenous And Endogenous Variables
In an economic model, an exogenous variable is one whose measure is determined outside the model and is imposed on the model, and an exogenous change is a change in an exogenous variable.Mankiw, N. Gregory. ''Macroeconomics'', third edition, 1997.Varian, Hal R., ''Microeconomic Analysis'', third edition, 1992.Chiang, Alpha C. ''Fundamental Methods of Mathematical Economics'', third edition, 1984. In contrast, an endogenous variable is a variable whose measure is determined by the model. An endogenous change is a change in an endogenous variable in response to an exogenous change that is imposed upon the model. The term ' endogeneity' in econometrics has a related but distinct meaning. An endogenous random variable is correlated with the error term in the econometric model, while an exogenous variable is not. Examples In the LM model of interest rate determination, the supply of and demand for money determine the interest rate contingent on the level of the money supply, so the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Douglas Massey
Douglas Steven Massey (born October 5, 1952) is an American sociologist. Massey is currently a professor of sociology at the Princeton School of Public and International Affairs at Princeton University and is an adjunct professor of sociology at the University of Pennsylvania. Massey specializes in the sociology of immigration, and has written on the effect of residential segregation on the black underclass in the United States. He has been president of the Population Association of America, the American Sociological Association and the American Academy of Political and Social Science. He is a co-editor of the '' Annual Review of Sociology''. Academia Massey received his Bachelor of Arts in Sociology, Psychology, and Spanish, from Western Washington University in 1974. In 1977 he received a Master of Arts in Sociology from Princeton University, and a PhD in 1978. He was a Guggenheim fellow in 1990–1991. Douglas S. Massey is the founder and co-director of the Latin Ameri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
20220801 Economic Stratification - Cross-class Friendships - Bar Chart
8 (eight) is the natural number following 7 and preceding 9. Etymology English ''eight'', from Old English '', æhta'', Proto-Germanic ''*ahto'' is a direct continuation of Proto-Indo-European '' *oḱtṓ(w)-'', and as such cognate with Greek and Latin , both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective ''octaval'' or ''octavary'', the distributive adjective is ''octonary''. The adjective ''octuple'' (Latin ) may also be used as a noun, meaning "a set of eight items"; the diminutive '' octuplet'' is mostly used to refer to eight siblings delivered in one birth. The Semitic numeral is based on a root ''*θmn-'', whence Akkadian ''smn-'', Arabic ''ṯmn-'', Hebrew ''šmn-'' etc. The Chinese numeral, written ( Mandarin: ''bā''; Cantonese: ''baat''), is from Old Chinese ''*priāt-'', ultimately from Sino-Tibetan ''b-r-gyat'' or ''b-g-ryat'' which also yielded Tibetan '' brgyat''. It has been argued that, as the cardinal n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congressional Budget Office
The Congressional Budget Office (CBO) is a List of United States federal agencies, federal agency within the United States Congress, legislative branch of the United States government that provides budget and economic information to Congress. Inspired by California's California Legislative Analyst's Office, Legislative Analyst's Office that manages the state budget in a strictly nonpartisan fashion, the CBO was created as a nonpartisan agency by the Congressional Budget and Impoundment Control Act of 1974. Whereas politicians on both sides of the aisle have criticized the CBO when its estimates have been politically inconvenient, economists and other academics overwhelmingly reject that the CBO is partisan or that it fails to produce credible forecasts. There is a consensus among economists that "adjusting for legal restrictions on what the CBO can assume about future legislation and events, the CBO has historically issued credible forecasts of the effects of both Democratic and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
