Gary Solon’s work on “Intergenerational Income Mobility in the United States [1],” not only questioned the previously existing consensus of highly mobile American households, but also concluded that the correlation between a father’s earnings and his son’s might be at least 0.4 or higher. Years after his work, new studies have been emerging and suggest that the 0.4 correlation might be a bit too optimistic. In this vein, how can we tackle the issue of  inter-generational social immobility? The Free Exchange blog has enlisted Miles Corak, Gregory Clark, and World Bank’s Francisco Ferreira to comment on the field. Read the summary and expert remarks here [1].

There is often talk about how trade harms the poor, especially in closed economies. However, evidence suggests otherwise. In a recent World Bank Policy Research Working Paper, Raju Jan Singh and Maelan Le Goff find that, trade does tend to reduce poverty, in specific settings. Read Raju’s blog post [2] to know more.

Who are India’s key trading partners? Other emerging economies. According to data by Export-Import Bank of India, Asia is a key destination of India’s exports, while its top import source is China. To know more about this and to download the data, read “India’s Trade [3]” on the Data Blog.

Earlier this week, the World Health organization and the World Bank convened in Geneva to discuss [4] best practices for moving forward on universal health coverage (UHC). In the light of this important meeting, the World Bank has released 22-country case study that analyzes the “nuts and bolts” of  UHC. Visit the website [5] to know more.