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Open Access Journal Article

Income Mobility and Social Welfare

by Emily Johnson 1,*
1
Emily Johnson
*
Author to whom correspondence should be addressed.
EFRL  2023 5(1):36; https://doi.org/10.69610/j.efrl.20230219
Received: 6 January 2023 / Accepted: 20 January 2023 / Published Online: 19 February 2023
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Abstract

This paper explores the complex interplay between income mobility and social welfare, aiming to provide a comprehensive understanding of how changes in income distribution affect the overall well-being of a society. The analysis delves into the various factors that contribute to income mobility, including education, employment, and government policies. It examines the potential consequences of high and low rates of income mobility on social welfare, considering factors such as poverty rates, inequality, and social cohesion. The paper further discusses the relationship between income mobility and social welfare systems, highlighting the importance of targeted interventions and social safety nets. Through a critical examination of existing literature and empirical evidence, the study concludes that while income mobility can foster social mobility and improve overall welfare, it is essential to balance the benefits with measures to ensure that vulnerable populations are not left behind.

Keywords: Income Mobility; Social Welfare; Education; Employment; Government Policies.;
Copyright: © 2023 by Johnson. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
Cite This Paper
APA Style
Johnson, E. (2023). Income Mobility and Social Welfare. Economics and Finance Research Letters, 5(1), 36. doi:10.69610/j.efrl.20230219
ACS Style
Johnson, E. Income Mobility and Social Welfare. Economics and Finance Research Letters, 2023, 5, 36. doi:10.69610/j.efrl.20230219
AMA Style
Johnson E. Income Mobility and Social Welfare. Economics and Finance Research Letters; 2023, 5(1):36. doi:10.69610/j.efrl.20230219
Chicago/Turabian Style
Johnson, Emily 2023. "Income Mobility and Social Welfare" Economics and Finance Research Letters 5, no.1:36. doi:10.69610/j.efrl.20230219

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ACS Style
Johnson, E. Income Mobility and Social Welfare. Economics and Finance Research Letters, 2023, 5, 36. doi:10.69610/j.efrl.20230219
AMA Style
Johnson E. Income Mobility and Social Welfare. Economics and Finance Research Letters; 2023, 5(1):36. doi:10.69610/j.efrl.20230219
Chicago/Turabian Style
Johnson, Emily 2023. "Income Mobility and Social Welfare" Economics and Finance Research Letters 5, no.1:36. doi:10.69610/j.efrl.20230219
APA style
Johnson, E. (2023). Income Mobility and Social Welfare. Economics and Finance Research Letters, 5(1), 36. doi:10.69610/j.efrl.20230219

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References

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