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February 12, 2024
…calculating the percent change in median income from each generation to the next. The goal: to gauge economic mobility by determining whether each generation as a whole has surpassed the…
February 6, 2024
…to quantify this sensitivity, and Bastian and others have unsuccessfully tried to argue that that is far too high. (In truth, the research of even several of these critics, Bastian…
February 2, 2024
…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 than that of the previous…
January 9, 2024
…stay, in Fed-speak, “at or near full employment.” Even so, there were important divergences in employment trends within the overall civilian workforce. As an aging Western society, America’s civilian 55+…
December 18, 2023
…— six years after the financial crisis — for the median inflation-adjusted wages to return to its level in 2007 level. For six years, over half of workers lost ground. It is…
December 14, 2023
…and more women have entered the workforce. This considerable improvement in Americans’ well-being is more striking than the share of income accruing to the country’s highest earners. Compare a median-income household to…
December 13, 2023
…median share of single-parent families, compared to cities that have fewer single-parent families. That difference is even larger with respect to violent crime and homicide, specifically, with cities above the…
December 11, 2023
…is a function of cultural preferences, not income inequality. Also worth noting: based on my analyses of the LIS, median income in the US is higher than in any of…
November 30, 2023
…This relative measure adjusts yearly thresholds in line with median income changes. “The dramatic reduction in poverty by 2019 based on President Johnson’s absolute 1960s standards suggests that policymakers might…
November 9, 2023
This paper will be delivered at the Association for Public Policy Analysis & Management 2023 Fall Research Conference. Abstract The Child Support Enforcement (CSE) system has a broad scope and provides…