Economic Growth
Analysing inequality in three dimensions
Two new papers explore inequality, looking at wealth, income and consumption.
Nick Bunker
Nick Bunker is a Policy Research Associate with the Washington Center for Equitable Growth.
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Economic Growth
Two economists have developed a new measure that could be an improvement on GDP
A paper by economists Charles Jones and Peter Klenow of Stanford University develops a new measure of economic welfare that moves beyond GDP.
Education and Skills
What school lunches tell us about educational achievement and inequality
Researchers have examined eligibility for subsidized lunches and the link to educational achievement and inequality.
Economic Growth
US wage growth has now returned to pre-recession levels
US real wage growth has returned to pre-recession levels, but what could it mean for the Fed's interest rate plans?
Economic Growth
If someone gave you $10 right now, what would you do with it?
The permanent income hypothesis, and how wealth inequality affects consumption.
Economic Growth
The Great Recession ended 7 years ago, but its impact on US productivity still isn't clear
The link between falling productivity growth and the Great Recession isn't clear, but this new research offers some clues.
Emerging Technologies
Artificial intelligence: opportunity or challenge for the US economy?
In a recent speech Jason Furman, chair of the President’s Council of Economic Advisers, discussed the opportunities and challenges of AI.
Education and Skills
Innovators should be encouraged earlier. Much earlier, says a new report
New research suggests that policymakers should be working to encourage innovation from a much younger age.
Equity, Diversity and Inclusion
"A game of musical chairs": Male labour force participation in the US
A new report from the President's Council of Economic Advisors looks at male labour force participation.
Economic Growth
Does inequality make recessions worse?
Two new research conclusions look at how inequality could shape recessions - telling different stories.
Economic Growth
What is the natural rate of interest? And how can we determine it?
The natural rate of interest is a concept developed by a late 19th and early 20th century Swedish economist, Knut Wicksell. This is why it matters.
Jobs and the Future of Work
Something strange is going on in the US jobs market
US Jobs market seems to have a gap between job openings and job hires. Here's the complete information.
Business
The United States has lost its dynamism. Could this be the reason?
The United States is a less economically dynamic place than it was decades ago. Nick Bunker looks at what ails the US economy.
Economic Growth
How does inequality change innovation?
A new paper looks at who has gained the most from the innovations in consumer products from 2004 to 2013.
Financial and Monetary Systems
Has the decline of labour's share of income paused?
What are we to make of a rising labor share when productivity growth is close to zero?