What economic regimes offer children born into poor families the best hope of moving into higher income groups? This study analyzes and contrasts the experience of the more free market based North American and British economies with the more corporate state models of continental Europe. Written by leading economists from North America and Europe, the book combines innovative methodology with surprising conclusions. It ends with two more policy-oriented chapters which consider intergenerational mobility in a broader perspective.

What economic regimes offer children born into poor families the best hope of moving into higher income groups? This study analyzes and contrasts the experience of the more free market based North American and British economies with the more corporate state models of continental Europe. Written by leading economists from North America and Europe, the book combines innovative methodology with surprising conclusions. It ends with two more policy-oriented chapters which consider intergenerational mobility in a broader perspective.