Although actual experiences of upward social mobility are historically low, many adolescents and adults express a "belief" in social mobility (e.g., that social status can change). Although a belief in upward mobility (e.g., that status can improve) can be helpful for economically disadvantaged adolescents and adults, a belief in upward…

Past work suggests that children have an overly rosy view of rich people that stays consistent across childhood. However, adults do not show explicit pro-rich biases and even hold negative stereotypes against the rich (e.g., thinking that rich people are cold and greedy). When does this developmental shift occur, and when do children develop more…