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JOINT ECONOMIC COMMITTEE REPUBLICANS RANKING MEMBER - SENATOR MIKE LEE

New Research Confirms Importance of Social Capital and Two-Parent Families for Upward Mobility

New Research Confirms Importance of Social Capital and Two-Parent Families for Upward Mobility

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Key Points

  • New research from Opportunity Insights shows the importance of social capital for economic mobility. Specifically, “economic connectedness” is strongly associated with upward income mobility for people with lower income.

  • The Joint Economic Committee’s Social Capital Index shows a similar link between social capital and economic mobility.

  • Both the Opportunity Insights study and the Social Capital Index find a strong link between family stability and economic mobility.

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