Pew’s financial security and mobility project studies the financial well-being of American families and how their balance sheets relate to both short-term financial stability and longer-term economic mobility. The initiative builds on Pew research that shows savings and assets are key to moving up the economic ladder, both within a lifetime and across generations. The project strives to foster policy debate and action on how best to improve opportunity to ensure that the American Dream is within reach of everyone.
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This report examines the transmission of economic advantage across generations using the first comprehensive set of intergenerational elasticity (IGE) estimates—which measure the persistence of advantage—based on tax and other administrative data. The analysis finds that children born into lower-income families can expect very different futures compared with those from higher-income... Read More
New analysis by researchers at Stanford University, funded by The Pew Charitable Trusts and the Russell Sage Foundation, finds that approximately half of parental income advantages in the United States are passed on to children, which is among the lowest estimates of economic mobility yet produced. Read More
This issue brief seeks to understand Americans’ attitudes about their financial security. It examines the top-level findings from a nationally representative Pew-commissioned survey of more than 7,000 households and from focus groups convened in three major cities. Read More