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August 29, 2024
The Distribution of Social Capital across Individuals and its Relationship to Income
Abstract There have been several attempts to measure social capital—the value inhering in relationships—at an aggregate level, but researchers lack comprehensive individual-level social capital measures. Using a combination of direct linkage and imputation across several nationally representative datasets, we produce a comprehensive measure of social capital at the individual level. We validate our measure by…
February 2, 2024
Has Intergenerational Progress Stalled? Income Growth over Five Generations of Americans
Abstract We find that each of the past four generations of Americans was better off than the previous one, using a post-tax, post-transfer income measure constructed annually from 1963-2022 based on the Current Population Survey Annual Social and Economic Supplement. At age 36–40, Millennials had a real median household income that was 18 percent higher…
May 10, 2023
The Effects of Elevating the Supplemental Poverty Measure on Government Program Eligibility and Spending
Abstract Without Congressional action, the recently released National Academy of Sciences report, “An Updated Measure of Poverty: (Re)Drawing the Line,” could have substantial effects on government program eligibility and spending—if its recommendation to “redraw the line” is implemented by the Census Bureau, and the Supplemental Poverty Measure (SPM) is made the official one by the…