@TechReport{iza:izadps:dp15149, author={Hufe, Paul and Kobus, Martyna and Peichl, Andreas and Schüle, Paul}, title={Multidimensional Equality of Opportunity in the United States}, year={2022}, month={Mar}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={15149}, url={https://www.iza.org/publications/dp15149}, abstract={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.}, keywords={fairness;intergenerational mobility;time trends;measurement}, }