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July 10, 2024
Has Income Growth between Generations of Americans Stalled?
A defining aspect of the American dream is that the economic well-being of each generation surpasses that of the previous one. However, commentators have questioned whether this holds true for…
December 14, 2023
The Myth of the 1%
The skewing of income toward the top 1% of earners has become a central issue in American politics, with both Republicans and Democrats proposing higher taxes on the rich. But…
August 3, 2023
Does Money (and Economic Growth) Buy Happiness?
Sure, economic growth may allow us to buy more stuff, buy cooler stuff, help us to live longer, and give us the resources to solve big problems such as global…
June 14, 2023
Better Data Means Better Policy
“Did you adjust for inflation?” An occupational inconvenience of doing economic research is that you are routinely asked by disbelieving non-researchers whether your numbers have taken into account the rising…
June 8, 2023
Work Improves Mental Health
Since President Joe Biden signed the Fiscal Responsibility Act of 2023 (FRA) into law, countless news stories have detailed how thousands of low-income Americans will be negatively impacted by new…
December 15, 2022
The Myth of Income Stagnation
According to the conventional wisdom, income stagnation and inequality are large and growing threats to broad-based prosperity in the United States. Many economists, journalists, business leaders, and elected leaders (from both parties) believe that for a…
December 14, 2022
Bringing Home the Bacon: Have Trends in Men’s Pay Weakened the Traditional Family?
Key Points Both the populist right and left claim that raising a family on one income has become harder and that men’s declining economic prospects are behind rising single parenthood….
June 10, 2021
Long Shadows: The Black-White Gap in Multigenerational Poverty
Key Points This report examines racial disparities in income mobility across three generations by drawing on data from the Panel Study of Income Dynamics. More than half a century since…