%0 Report
        %A Hufe, Paul
%A Kobus, Martyna
%A Peichl, Andreas
%A Schüle, Paul
        %T Multidimensional Equality of Opportunity in the United States
        %D 2022
        %8 2022 Mar
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 15149
        %U https://www.iza.org/index.php/publications/dp15149
        %X Are the United States still a land of opportunity? We provide new insights on this question by invoking a novel measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity has increased by 77% over the time period 1983-2016. Increases are driven by two distinct forces: (i) a less opportunity-egalitarian distribution of income until 2000, and (ii) a less opportunity-egalitarian distribution of wealth after the financial crisis in 2008. In sum, our findings suggest that the US have consistently moved further away from a level playing field in recent decades.
        %K fairness
%K intergenerational mobility
%K time trends
%K measurement