Fed’s Yellen call for more research work on economic mobility

April 2, 2015 7:59 PM

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Federal Reserve Bank head Janet Yellen on Thursday said that the economic mobility has strengthened the American economy, calling for more research work on the factors that influence it.

“Researchers and policymakers need a better understanding of how much mobility individuals may experience over the course of their lives,” Yellen said at a Federal Reserve conference on economic mobility in Washington.

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