Tag: U.S. income distribution
Add upward mobility – an individual’s success in surpassing parents’ economic circumstances – to the factors that can keep federal disability payments in check. A substantial body of academic research has already established that when the economy is growing, unemployed and marginally employed people have better luck on the job market, and their applications for…
Introduction The United States is the richest major country in the world in terms of per capita gross domestic product (GDP). Since longevity is clearly associated with income, America’s older citizens must live longer than their counterparts in other large industrial nations. Right? Wrong! Among the 30 developed countries that comprise the Organization for Economic…
