A rich man’s son is seven times more likely to get rich than a poor man’s son

Brazil continues to have low mobility between parents’ generation and income, which conditions the future of their children. This process has not changed over time, increasing inequalities in the country. Opportunities for social ascension in Brazil continue to be strongly conditioned by the income of the family of origin. Those born into a poor family are highly likely to remain in this income group in adulthood, while those born into richer families tend to remain in the upper strata of income distribution.

These are some of the conclusions of the Mobility Atlas of the Institute for Mobility and Social Development and Prospera Lab, made by economists and researchers Paulo Tafner, economist and PhD in Political Science from the University of California San Diego; Fernando Veloso, PhD in economics from the University of Chicago; Leandro Rocha, PhD from the Fluminense Federal University (UFF); Breno Sampaio and Diogo Brito, directors of Prospera Lab; Alexandre Fonseca, tax auditor at the Federal Revenue of Brazil and Lucas Warwar Pereira, PhD student in economics at Stanford University.