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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New research doesn’t overturn consensus on rising U.S. income inequality

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

Inequality & Mobility
Executive action to spur equitable growth

Executive actions to modernize federal data collection and improve measurements of U.S. economic inequality

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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New digital tools demonstrate the promise of measuring well-being in the United States

Inequality & Mobility
Coronavirus Recession

Structural racism and the coronavirus recession highlight why more and better U.S. data need to be widely disaggregated by race and ethnicity

Inequality & Mobility
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Disaggregating growth

Inequality & Mobility

Explore Content in GDP 2.0206

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Testimony by Heather Boushey before the Joint Economic Committee

Inequality & Mobility
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In an age of inequality, aggregate and mean economic statistics don’t tell us enough

Inequality & Mobility
TOPICS: GDP 2.0, Poverty
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The Washington Center for Equitable Growth applauds the introduction of the “Measuring Real Income Growth Act of 2018”

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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Tax evasion by the wealthy: Measurement and implications

Inequality & MobilityTax & Macroeconomics
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Measuring U.S. economic growth

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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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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