Three questions on economic insecurity with Mark Rank

August 21, 2017

Rank and Hirschl are the authors of Chasing the American Dream: Understanding What Shapes Our Fortunes, which uses the Panel Study of Income Dynamics — the longest-running longitudinal household survey in the world — to paint a picture of income inequality in the United States. Using the same data, the two created a poverty risk calculator that uses five factors — race, education level, gender, marital status and age — to tell you your risk of falling into poverty in the next five, 10 or 15 years.Mark Rank’s poverty calculator was featured in the Clark-Fox Policy Institute’s policy brief on the Missouri Earned Income Tax Credit.