It’s easier to move up Down Under

 

A study by Andrew Leigh from the Centre of Economic Policy Research, Australia National University has found that Australian society generally affords better opportunity for income growth compared to the United States.

It is easier to move from rags to riches in Australia than it is in the United States,” Dr Leigh said. “Particularly for those who begin in poverty, Australia offers a greater chance of rising up the income ladder.”more likely that Australian sons are more likely than American sons to achieve a higher income than their father.

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