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Christopher Phelan, Opportunity and Social Mobility, The Review of Economic Studies, Volume 73, Issue 2, April 2006, Pages 487–504, https://doi.org/10.1111/j.1467-937X.2006.00384.x
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Abstract
This paper argues that both unequal opportunity and social mobility are necessary implications of an efficient societal arrangement when incentives must be provided.
© 2006 Federal Reserve Bank of Minneapolis
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