Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Raj Chetty

๐Ÿ‘ค Speaker
246 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
Can transforming neighborhoods help kids escape poverty?

We studied more than a million families, followed them over decades, and looked at how their own outcomes, their kids' outcomes changed over time.

Planet Money
Can transforming neighborhoods help kids escape poverty?

Adults did not benefit that much from living in an area that was revitalized.

Planet Money
Can transforming neighborhoods help kids escape poverty?

However, very importantly, kids benefited substantially.

Planet Money
Can transforming neighborhoods help kids escape poverty?

So if you grew up in the exact same place after it was revitalized through this program, in a mixed income neighborhood, with additional services, basically a better environment in many different ways,

Planet Money
Can transforming neighborhoods help kids escape poverty?

you ended up earning about 50% more if you grew up from birth in one of these places, 50% more than if you had grown up in the exact same place pre-revitalization.

Planet Money
Can transforming neighborhoods help kids escape poverty?

So that's an enormous change in kids' outcomes.

Planet Money
Can transforming neighborhoods help kids escape poverty?

Yeah.

Planet Money
Can transforming neighborhoods help kids escape poverty?

So three different mechanisms through which we think connections matter for kids' outcomes.

Planet Money
Can transforming neighborhoods help kids escape poverty?

They don't have clear data on this, but Raj has some theories.

Planet Money
Can transforming neighborhoods help kids escape poverty?

Theory number one is about how people get jobs.

Planet Money
Can transforming neighborhoods help kids escape poverty?

If you're connected to somebody who's got a good job at a high-paying firm, you're more likely to get that job.

Planet Money
Can transforming neighborhoods help kids escape poverty?

And so cross-class interaction just directly affects the internships you get, the career you might end up pursuing.

Planet Money
Can transforming neighborhoods help kids escape poverty?

You get information from people who are exposed to different things.

Planet Money
Can transforming neighborhoods help kids escape poverty?

If you live near somebody whose parents went to a college, you might be more likely to think about applying to that college.

Planet Money
Can transforming neighborhoods help kids escape poverty?

You've at least heard of it.

Planet Money
Can transforming neighborhoods help kids escape poverty?

I think people's aspirations and what they try to achieve themselves are greatly shaped by who they're around, especially as they grow up.

Planet Money
Can transforming neighborhoods help kids escape poverty?

I can say that from my own personal experience.

Planet Money
Can transforming neighborhoods help kids escape poverty?

I grew up in a family of academics, certainly greatly influenced by that in my own career choices.

Planet Money
Can transforming neighborhoods help kids escape poverty?

And I think, conversely, kids who have never had exposure to science, never had exposure to people pursuing higher education, pursuing business, and so on, may just not see themselves.

Planet Money
Can transforming neighborhoods help kids escape poverty?

They may not even know where to start in terms of pursuing those opportunities.