{"id":20228,"date":"2022-11-14T01:00:00","date_gmt":"2022-11-14T01:00:00","guid":{"rendered":"https:\/\/www.economicsobservatory.com\/?post_type=question&p=20228"},"modified":"2023-12-10T18:17:23","modified_gmt":"2023-12-10T18:17:23","slug":"how-can-education-and-skills-contribute-to-levelling-up","status":"publish","type":"question","link":"https:\/\/www.economicsobservatory.com\/test\/how-can-education-and-skills-contribute-to-levelling-up","title":{"rendered":"How can education and skills contribute to levelling up?"},"content":{"rendered":"\n

The UK is very unequal, in terms of both outcomes and opportunities. Among developed nations, it has one of the highest rates of income inequality \u2013 unequal outcomes \u2013 and one of the lowest rates of intergenerational mobility (unequal opportunities).<\/p>\n\n\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
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This is illustrated in the Great Gatsby Curve, a coinage of the late, great economist and US presidential adviser Alan Krueger<\/a>, based on work by Miles Corak<\/a>, which highlights how greater inequality is associated with less mobility across generations (see Figure 1).<\/p>\n\n\n\n

Figure 1: The Great Gatsby curve<\/h4>\n\n\n
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