The American Dream Is Harder To Find In Some Neighborhoods
“Does the neighborhood you grow up in determine how far you move up the economic ladder? A new online data tool being made public Monday finds a strong correlation between where people are raised and their chances of achieving the American dream. Harvard University economist Raj Chetty has been working with a team of researchers on this tool — the first of its kind because it marries U.S. Census Bureau data with data from the Internal Revenue Service. And the findings are changing how researchers think about economic mobility.”