UC Berkeley Events | The Science of Economic Opportunity: New Insights from Big Data @UCBerkeleyEvents | Uploaded 10 months ago | Updated 2 hours ago
Children’s chances of earning more than their parents have fallen from 90% to 50% over the past half century in America. How can we restore the American Dream of upward mobility for all children? In this talk, Raj Chetty, director of Opportunity Insights, will show how big data from varied sources ranging from anonymized tax records to Facebook social network data is helping us uncover the science of economic opportunity. Among other topics, the talk will discuss how and why children’s chances of climbing the income ladder vary across neighborhoods, the drivers of racial disparities in economic mobility, and the role of social capital as a driver of upward mobility. The talk will present data on the state of economic opportunity in California in particular to provide a local context to these national patterns.
Children’s chances of earning more than their parents have fallen from 90% to 50% over the past half century in America. How can we restore the American Dream of upward mobility for all children? In this talk, Raj Chetty, director of Opportunity Insights, will show how big data from varied sources ranging from anonymized tax records to Facebook social network data is helping us uncover the science of economic opportunity. Among other topics, the talk will discuss how and why children’s chances of climbing the income ladder vary across neighborhoods, the drivers of racial disparities in economic mobility, and the role of social capital as a driver of upward mobility. The talk will present data on the state of economic opportunity in California in particular to provide a local context to these national patterns.
