Explain why the intergenerational correlation of earnings

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Reference no: EM13832916

Explain why the intergenerational correlation of earnings would likely become higher or lower for the following policy changes in the united states:

a. worse social insurance programs (i.e. welfare, medicare) for low income groups

b. The elimination of legacy admits to colleges and universities for wealthy families.

c. The implementation of a federal inheritances tax for wealthy families.

Reference no: EM13832916

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