Annie Lowrey of The Atlantic cited findings from the Unexpected Compression working paper authored by Shaping the Future of Work Co-Director David Autor, Arindrajit Dube, and Annie McGrew. Discussing persistent high consumer spending despite rising prices, Lowrey points to Autor, Dube, and McGrew’s findings that real wages for low-income workers rose rapidly during COVID, outpacing the rise in prices.
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The Atlantic: Inflation is Your Fault
Dec 1, 2023