We invite you to join us from 9am-12pm on November 15, 2013, at Sixth and I Historic Synagogue in Washington, D.C.
The U.S. Congress recently took an important step toward having the federal government measure economic inequality in the United States by reporting on how households at all income levels are experiencing changes in the U.S. economy. The conference report accompanying the fiscal year 2019 omnibus appropriations bill—the legislation that ended the government shutdown in February—encourages […]
This article, “Women’s Work-Life Economics,” originally appeared in the 2019, Volume 23 of “LERA Perspectives on Work,” a magazine published by the Labor and Employment Relations Association, or LERA. More than 50 years ago, President Johnson signed into law the Equal Pay Act. It bans employers from discriminating against employees by paying employees of one […]
Skill-biased technological change is a prominent explanation for the rise in income inequality over the past few decades, but it is not clear how this theory can explain the differential rise in the very top incomes across countries.
The U.S. Federal Reserve Board’s “dual mandate” of achieving maximum employment and stable prices is based on an economic rule of thumb known as the Phillips Curve. First postulated in 1958 and named after New Zealand economist William Phillips, the Phillips Curve proposes an inverse relationship between unemployment and inflation—when unemployment drops, inflation generally rises. […]
The release today of the U.S. Census Bureau’s annual report on income and poverty underscores why better official measures of economic inequality are sorely needed. Official measures released by the Census Bureau and based on the Current Population Survey underreport the level and trend of inequality. The federal government should follow the lead of academic […]
The U.S. Census Bureau will release its annual report, “Income and Poverty in the United States,” on Tuesday this week. The report summarizes results from the March edition of the Current Population Survey and presents a wealth of information on the income of individuals and families in the United States. This report is also of […]
Overview The use of U.S. administrative income tax data for research purposes over the past two decades has led to an ongoing debate about levels and trends in U.S. income inequality. The debate around income measurement is important because how economists and policymakers alike measure income shapes how income inequality is perceived by the broader […]
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 contested topic since the creation of the first federal income tax more than a century ago. The debate over the optimal tax rate has only […]
The share of national income going to U.S. workers has been on the decline since 2000 despite long-held economic expectations to the contrary. The reason for this decline has been the source of competing research and fevered debate over the past few years. Purported reasons for the decline range from offshoring and globalization, declining worker […]