This seems counterintuitive. The most social mobility is usually in places with the greatest range of income isn't it? What do you mean most equality, the bands of income are equal in size?
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Replying to @GaleMorrisonEd
No! The way you measure social mobility is the likelihood of a child being in a different income quartile (or decile) to their parents. Much more likely in countries with less distance between income bands.
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Replying to @Samfr @GaleMorrisonEd
Doesn't that make your claim a consequence of measuring social mobility this way, rather than a statement about social mobility?
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Replying to @oldandrewuk @GaleMorrisonEd
How else would you define social mobility in a way that was measurable?
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For example: probability that a child will have 5x the income per person vs their parents
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Isn't that only social mobility if having x5 income places them in a different part of society?
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When would 5x income increase NOT put a person into a different part of society?
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Replying to @AlexanderGerko @Samfr and
Can I be pedantic: when it's top quintile, decile, 1%, 0.001% etc. Also lowest decile or quintile is remarkably widepic.twitter.com/JixkRkgCB3
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Replying to @veronica_humble @Samfr and
take any point on this distribution:https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax … and multiply income by 5, you will arrive in a very different part of the society (not talking about statistical concepts here)
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Replying to @AlexanderGerko @veronica_humble and
I can think of at least one high frequency trading billionaire whose life wouldn’t be meaningfully affected by a 5x increase in income.
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But yeah, the odd exception aside, 5xing income is life changing for almost everyone.
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