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March 6, 2019
By Austin Clemens,

U.S. Congress asks Bureau of Economic Analysis to disaggregate GDP growth data

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 […]

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January 30, 2020
By Heather Boushey, Kate Bahn,

“Women’s Work-Life Economics”

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 […]

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September 4, 2019
By Kate Bahn, Austin Clemens,

The death of the Phillips Curve is the time to lift up new economic indicators

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. […]

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September 12, 2017
By Austin Clemens, Heather Boushey,

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

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 […]

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September 11, 2017
By Austin Clemens,

Previewing tomorrow’s annual income and poverty report

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 […]

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April 13, 2015
By Nick Bunker,

Determining the optimal U.S. tax rate for higher earners

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 […]

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July 20, 2015

Is technological change key in the decline of U.S. labor share of income?

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 […]