Stagnating economic well-being and unrelenting inequality: Post-2000 trends in the United States
Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila update the Levy Institute Measure of Economic Well-Being (LIMEW) for US households for the period 2000-13. The LIMEW - which comprises base income, income from wealth, net government expenditures, and the value of household production - is aimed at achieving a more comprehensive understanding of trends in living standards. This policy brief analyzes developments during this period at all levels of the LIMEW distribution, with a particular focus on the significant role played by net government expenditures. The overall trend for 2000 - 13 was one of historic stagnation in the growth of economic well-being for US households, but an examination of the different components of the measure reveals significant shifts taking place behind this headline trend.
Year of publication: |
2018
|
---|---|
Authors: | Zacharias, Ajit ; Masterson, Thomas ; Rios-Avila, Fernando |
Publisher: |
Annandale-on-Hudson, NY : Levy Economics Institute of Bard College |
Saved in:
freely available
Series: | Public Policy Brief ; 146 |
---|---|
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Research Report |
Language: | English |
ISBN: | 978-1-936192-62-5 |
Other identifiers: | 1030136556 [GVK] hdl:10419/201768 [Handle] |
Source: |
Persistent link: https://www.econbiz.de/10012050976
Saved in favorites
Similar items by person
-
The Great Recession and racial inequality: Evidence from measures of economic well-being
Masterson, Thomas, (2017)
-
Assessing the impact of childcare expansion in Mexico: Time use, employment and poverty
Masterson, Thomas, (2022)
-
Zacharias, Ajit, (2018)
- More ...