I just think it odd that you predict their "survival" rate will be lower than those born poor.
I think it goes without saying that it would be a rough transition if you swapped two people. I expect the long term outcome would be better for a rich person swapped into poverty, than if the poor person who stayed.
I think this because they statistically and experientially I think they have more of the skills necessary to escape poverty: education, trades, social coding, ect.
You see this often with immigrants to the US, and is especially pronounced in the works of Raj Chetty and Ran Abramitzky.
When you take someone successful in one country and have them start over poor in another. The immigrants do better over the course of their lives, and the children of poor immigrants do FAR better than the children of native born poor.
I think it goes without saying that it would be a rough transition if you swapped two people. I expect the long term outcome would be better for a rich person swapped into poverty, than if the poor person who stayed.
I think this because they statistically and experientially I think they have more of the skills necessary to escape poverty: education, trades, social coding, ect.
You see this often with immigrants to the US, and is especially pronounced in the works of Raj Chetty and Ran Abramitzky.
When you take someone successful in one country and have them start over poor in another. The immigrants do better over the course of their lives, and the children of poor immigrants do FAR better than the children of native born poor.
https://www.amazon.com/Streets-Gold-Americas-Immigrant-Succe...