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Tag Archives: income
Summarizing 2012 in Charts
Steven Rattner provides a good summary of 2012 in charts. “In 2012, the slow recovery dominated both the economic news and the worries of most Americans, but the underlying components of the weak job market were not always fully dissected. In … Continue reading
Posted in Economy, Elections, Government, Health, Income Distribution, Socio-economic Status, Taxes
Tagged Congress, debt ratios, deficits, elections, healthcare, income, income distribution, jobs, polarization, Social Security, top 1%
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How Much to be a Rich American
The Wall Street Journal: Baby You’re a Rich Man provides a summary of what it takes to be rich in America, as measured by money metrics. Household Annual Income Top 1%: $524,411 Top 5%: $208,810 Top 10%; $148,688 Top 20%: … Continue reading
Most Important Chart of 2012: Great Teachers Produce Desired Outcomes
The Wonkblog asked a number of noted experts in diverse fields to submit graphs that best explained 2012. As education is key to so many issues we face I recommend Raj Chetty’s nomination as the most important submission. I was … Continue reading
Macho Man + Partner Who Earns More = Worse Romantic Relationship
Macho Men Let Their Female Partner’s Higher Income Threaten Their Relationship Here’s a formula for a poor romantic relationship, according to study by Coughlin and Wade (2012). Macho Man + Partner Who Earns More = Worse Romantic Relationship On the other … Continue reading
Posted in Gender, Happiness, Income Distribution, Male Crisis
Tagged breadwinner, gender, income, masculinity, norms, roles, romance
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The Influence of Educational Attainment, Occupational Status, Sex, Age and Race on Personal Income – Part II
Yesterday I presented a multiple regression analysis of the influence of educational attainment, occupational standing, sex, age and race on total personal income. Today I will summarize the results of a multivariate logistic regression on the probability of earning an above … Continue reading
The Influence of Educational Attainment, Occupational Status, Sex, Age and Race on Personal Income – Part I
Part I -The Influence of Educational Attainment, Occupational Status, Sex, Age and Race on Personal Income What accounts for the variance in personal income? To provide an answer I downloaded the recent IPUMS dataset (2011) with the following variables: personal income, … Continue reading
Contractionary Monetary Policy Increases Income and Consumption Inequality in the U.S.
In many posts I have identified increasing income inequality in America and variables related to increased inequality. Coibion (et al., 2012) identify an additional “cause” of rising income and consumption inequality — monetary policy. Specifically the authors find: “Contractionary monetary policy … Continue reading
Long-Term Impact of Good Teachers
Does having a good teacher have long-term effects on student outcomes? The answer, according to a sophisticated study tracking over 1 million students from a large urban school district from fourth grade into adulthood, is a resounding affirmative answer. The authors … Continue reading
The Rich Don’t Leave States that Increase Their Taxes Nor Do They Change Their Work Effort or Entreprenurship
On June 3, I reported on a study which debunked the claim that if States raise taxes on millionaires they will leave the State for another more attractive, less-taxing State. A new study supports the conclusion that increases on wealthy taxpayers … Continue reading
Odds of Enjoying an Above Median Income
Yesterday I gave a presentation to a group of post-secondary educators. One of the follow-up questions dealt with the issue, “Is higher education worth it?” This question called out a research study I completed in 2010 of variables related to … Continue reading
Posted in Gender, Higher Education, Income Distribution, Inequality, Secondary Education, Socio-economic Status
Tagged associate degree, bachelors degree, education, gender, high school diploma, higher education, income, inequality, labor force participation, master's degree, odds, Ph.D. degree, race, secondary education
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