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But a child born in poverty in America is more likely to face poverty in adulthood than in many Western countries. Recent research shows that's more likely to happen in Denmark, Germany, Australia, and the UK. Their finding: "Intergenerational poverty in the U.S. is four times stronger than in Denmark and Germany, and twice as strong as in Australia and the UK." Bocconi University, Rockwool Foundation and Stockholm UniversityThis table shows what the researchers call "intergenerational persistence of poverty" across five countries. So yes, you're more likely to experience the American Dream in many countries outside the US.
Persons: , Pedro Nicolaci da Costa Organizations: Service, Bocconi University, Rockwool Foundation, Stockholm University, Stockholm, Federal Reserve Bank of Chicago Locations: America, Denmark, Germany, Australia, U.S, American, Danish, Canada
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