NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Income Inequality, Social Mobility, and the Decision to Drop Out of High School

Melissa S. Kearney, Phillip B. Levine

NBER Working Paper No. 20195
Issued in June 2014, Revised in March 2016

---- Acknowledgments ----

We are indebted to our BPEA discussants Robert Moffitt and Miles Corak and to Editor Janice Eberly for detailed comments that have greatly improved the paper. We also thank Miles Corak, Sue Dynarski, Nora Gordon, Caroline Hoxby, Judy Hellerstein, Robin McKnight, and Lesley Turner for helpful conversations and comments on an earlier draft. We acknowledge helpful comments from seminar participants at American University School of Public Policy, Notre Dame University, Stanford University, University of New Hampshire, University of Texas at Austin, the Federal Research Bank of Cleveland Workshop on Income Distribution, and the NBER Universities Research Conference on Poverty, Inequality, and Social Policy. We thank Riley Wilson for research assistance. We are grateful to the Smith Richardson Foundation for providing financial support for this project. Any views expressed are those of the authors alone. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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