In a recent article discussing the disconnected between how people feel about the economy and their actual economic prospects, Kate Bahn of Forbes cited findings from recent research by Initiative Co-Director David Autor with co-authors Arindrajit Dube and Annie McGrew. Specifically, she points to findings in Unexpected Compression that the growth in wage inequality which occurred since 1980 has shrunk by 40% since the post-pandemic economic recovery.
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Forbes: A good economy feels bad for Americans when care is still out of reach
Jan 8, 2024