Together, these two statistical biases reduce the scale of rising earnings inequality and hence minimize the very phenomenon the paper seeks to investigate.
Category: Economic Stability
Give credit to the Organisation for Economic Cooperation and Development, or OECD—an organization that has so often either mirrored or defined (depending on your point of view) the consensus on […]
In the absence of more jobs, heroic assumptions about educational improvement are likely to deliver only modest economic benefits.
It’s hard not to see Okun’s legacy as the problem rather than the solution.
There are two constants in life: death and arguments about the optimal top marginal tax rate. The proper level of income taxation in the United States has been a hotly […]
Heather Boushey, Executive Director and Chief Economist, Washington Center for Equitable Growth, testifying before the U.S. Senate Committee on Finance on “Fairness in Taxation.” I would like to thank Chairman […]
The legal arguments before the U.S. Supreme Court this week in King vs. Burwell may well decide whether a key provision of the Affordable Care Act remains in effect for millions […]
Increasing inequality in the United States and its relationship to economic growth is getting a lot of attention lately. It is now clear that sharply rising inequality is not necessary […]
“Big Thinkers” about the role of technology in the U.S. economy are roughly divided into two camps when it comes to the consequences of rapid technological change on the U.S. […]