Study: Climbing income ladder hasn’t grown harder

Published January 23, 2014 6:33pm ET



WASHINGTON (AP) — Young Americans from low-income families are as likely to move into the ranks of the affluent today as those born in the 1970s, according to a report by several top academic experts on inequality.

The study, published this week by the National Bureau of Economic Research, runs counter to the widespread belief that a widening gap between rich and poor has made it harder to climb the economic ladder.

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