Topic GDP 2.0

Some of our most prominent economic statistics measure change in the total output of the U.S. economy. But this single number approach to economic progress rings hollow with many workers, who wonder why they aren’t seeing prosperity in their own lives. The goal of our GDP 2.0 project is to break down these monolithic numbers and understand how the economy is performing for Americans of different income levels, different regions of the country, and more.

Featured work

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Analyzing recent U.S. economic policies using Equitable Growth’s Inequality Tracker

Inequality & Mobility
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Distributional weighting in benefit-cost analysis is practical and effective at assessing government rulemaking without bias against low-income individuals

Inequality & MobilityFamilies
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Accounting for capital gains in income significantly increases U.S. inequality

Inequality & MobilityTax & Macroeconomics
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GDP 2.0: Measuring who prospers when the U.S. economy grows

Inequality & Mobility
The Rise of Populism

More accurately measuring economic sentiment will help build a U.S. economy—and democracy—that works for all

Inequality & MobilityFamilies
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Disaggregating growth

Inequality & Mobility

Explore Content in GDP 2.0213

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Policymakers can’t tackle inequitable growth if it isn’t measured

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
In Conversation

In conversation with Michael Strain

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
working paper

Estimating the marginal propensity to consume using the distributions of income, consumption, and wealth

Inequality & Mobility
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Disaggregating growth

Inequality & Mobility
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What if we took equity into account when measuring economic growth?

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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Here’s why you should interpret tomorrow’s GDP growth estimate skeptically

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
working paper

The productivity slowdown and the declining labor share: A neoclassical exploration

Inequality & MobilityLabor
TOPICS: 1
TOPICS: GDP 2.0
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Just how tight is the U.S. labor market?

Inequality & MobilityLabor
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Latest official estimates underreport extent of inequality in the U.S.

Inequality & Mobility
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New report on evidence-based policymaking boasts recommendations that Congress must take seriously

Inequality & MobilityTax & Macroeconomics
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Measuring potential GDP in the United States, and the case for emphasizing demand in monetary policy

Inequality & MobilityTax & Macroeconomics
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Will the United States give up on data collection?

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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