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Breakfast with the Fed

Registration for this event is closed.

Date:  Thursday, Nov. 15, 2018
Time:  8-9:30 a.m.
Location: Hilton Garden Inn Louisville Airport
2735 Crittenden Drive
Louisville, Ky. 40209 (map it)

Is the American Dream Still Alive? Examining Some Recent Evidence

One of the defining features of the “American dream” is the idea that children should attain a higher standard of living than their parents have. However, recent research has illuminated the often heightened difficulty black families have in passing on middle-class status to their children.

And while there has been progress toward narrowing the gaps between African-American and Hispanic families and white families in income, wealth and areas such as homeownership and health, large gaps still remain and several recently reported trends are not as encouraging.

In this presentation, economist Alexander Monge-Naranjo will revisit some recent work on data about inequality and economic mobility for the U.S. Monge-Naranjo, a research officer at the Federal Reserve Bank of St. Louis, will briefly discuss the role of economic policy, technology and international trade and capital flows. The presentation will also look at the evidence for the U.S. along with other countries.

Nikki Jackson, senior vice president and regional executive of the Louisville Branch, will introduce Monge-Naranjo.

A complimentary breakfast and free onsite parking is available.

There is no cost to attend, but registration is required by Nov. 8.

Questions? Contact Lynn Bunn at the Louisville Branch, Cheryl.L.Bunn@stls.frb.org or 502-568-9206.