Weekend reading: “adjusted for (ball) inflation” edition

This is a weekly post we publish on Fridays with links to articles that touch on economic inequality and growth. The first section is a round-up of what Equitable Growth published this week and the second is the work we’re highlighting from elsewhere. We won’t be the first to share these articles, but we hope by taking a look back at the whole week, we can put them in context.

Equitable Growth round-up

Nisha Chikhale looks at how tax code policies that promote homeownership are expensive and heavily favor high-earning households.

Women have less wealth than men, but black women are hit especially hard. We take a closer look at a new report that finds a glaring wealth gap between black and white women.

Nick Bunker writes about how, with the start of a new year and a new presidential administration, a great deal of uncertainty hangs over the Federal Reserve.

It’s jobs day today! The numbers show that while the labor market recovery continues apace, it’s got a ways to go until it reaches full employment

Links from around the web

Politicians claim that hosting a Super Bowl can boost the local economy, according to Les Carpenter, but economists aren’t so sure. [the guardian]

The gender pay gap is even larger for graduates of Ivy League schools, according to Caroline Kitchener. Demanding jobs that require long hours, and work-life conflict these jobs create, may be partly to blame [the atlantic]

Even if more factory jobs returned to the United States, a high school degree is no longer good enough. Jeffrey J. Selingo writes about how many well-paying factory jobs now require advanced math and comprehension skills—and a college degree. [new york times]

The border adjustment aspect of the proposed tax reforms from House Republicans would disproportionately burden teh lowest-income households, according to Kadee Russ, an associate professor of economics at University of California Davis. [econbrowser]

Anna Nicolaou writes about how the U.S. telecoms sector is preparing for a “Big Bang consolidation” in the coming year. The Trump administration has indicated that it will usher in an era marked by fewer regulations around mergers and megadeals. [financial times]

Is Germany a currency manipulator? Jeromin Zettelmeyer takes a closer look after National Trade Council head, Peter Navarro, claimed that Germany is using a “grossly Undervalued euro to “exploit” the United States. [peterson institute for international economics]

Friday figure

Figure from “The vast wealth gap between black and white women in the United States” by Bridget Ansel