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Transfer income has fallen faster than other components of U.S. income over the past 3 months

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Policy

Transfer income has fallen faster than other components of U.S. income over the past 3 months (opens in a new tab)

Visualizations Jun 25, 2026

Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

Personal Income is now declining year-over-year, a possible warning sign for the economy

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Policy

Personal Income is now declining year-over-year, a possible warning sign for the economy (opens in a new tab)

Visualizations Jun 25, 2026

Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

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Equitable Growth supports research and policy analysis on how economic inequality shapes political power and democratic institutions, and how that in turn affects broad-based economic growth.

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Equitable Growth supports research and policy analysis on how unequal access to care, 21st century work-life policies, and education undermines stable, broad-based economic growth.

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Policy

What happens to U.S. workers without access to Unemployment Insurance amid economic downturns or disruptions related to AI? (opens in a new tab)

Essays Sep 2, 2026

The adoption of artificial intelligence in the workplace has led to predictions of U.S. labor market disruptions. In response, policymakers have increased attention on the fitness of the nation’s social…

AI, Tech & Energy Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

Policy

Economic research shows immigration is good for U.S. workers, the economy, and affordability (opens in a new tab)

Essays Aug 31, 2026

When President Donald Trump returned to the White House in 2025, mass deportations and immigration restrictions were renewed as one of the political priorities of his second administration. Since then,…

Economic Equity & Opportunity Household Economic Security Labor, Wages & Worker Power

Policy

New research shows how U.S. homeownership and the accumulation of housing wealth are linked to political participation (opens in a new tab)

Essays Aug 14, 2026

Persistent affordability pressures have driven up housing costs for millions of U.S. families in recent years. Home prices remain near record highs relative to incomes, mortgage rates and associated costs…

Economic Equity & Opportunity Taxation

Academic

Housing Wealth Accumulation and Electoral Representation (opens in a new tab)

Working Papers Aug 14, 2026

We document that housing wealth accumulation systematically differs among homeowners by their political participation. Using a nationwide voter-property dataset, we find that realized housing appreciation increases monotonically the more a…

Economic Equity & Opportunity Taxation

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U.S. regions with more unauthorized immigrant workers experienced declines in new housing construction (opens in a new tab)

A large-scale deportation would shrink the U.S. economy, with particular harm to some states (opens in a new tab)

Transfer income has fallen faster than other components of U.S. income over the past 3 months (opens in a new tab)

Income declines over the past 3 months and the past 6 months are higher for low-income U.S. households (opens in a new tab)

Personal Income is now declining year-over-year, a possible warning sign for the economy (opens in a new tab)

U.S. income shares changed little due to the pandemic, with top decile and bottom half households making gains (opens in a new tab)

In a reversal of 21st century trends, wages grew faster for lower-income U.S. households in the pandemic era (opens in a new tab)

Realized capital gains are highly volatile, leading to large swings in the top 0.1% U.S. income thresholds (opens in a new tab)

Real U.S. income gains have been falling for successive generations (opens in a new tab)

U.S. income growth for the middle class slowed substantially in the past four decades (opens in a new tab)

Income growth rates used to be similar along the income distribution, but that changed in the 1980s (opens in a new tab)

The middle is further from the top than it used to be—and the gap is growing (opens in a new tab)

U.S. income at the middle is growing and is higher today than it used to be (opens in a new tab)

Population weights reveal that the distribution of cost and benefits of policies are skewed differently (opens in a new tab)

Workers in the Midwest and South tend to work in more tariff-exposed industries (opens in a new tab)

Workers with less than a college education are overrepresented in the most tariff-exposed industries (opens in a new tab)

White, Hispanic, and noncitizen men are overrepresented in the most tariff-exposed industries (opens in a new tab)

U.S. manufacturing is particularly vulnerable to tariff costs (opens in a new tab)

AI, Tech & Energy

Macroeconomics & Economic Measurement

Political Economy & Democracy

Taxation

Competition & Economic Dynamism

Household Economic Security

Economic Equity & Opportunity

Labor, Wages & Worker Power

What happens to U.S. workers without access to Unemployment Insurance amid economic downturns or disruptions related to AI? (opens in a new tab)

Economic research shows immigration is good for U.S. workers, the economy, and affordability (opens in a new tab)

U.S. regions with more unauthorized immigrant workers experienced declines in new housing construction (opens in a new tab)

A large-scale deportation would shrink the U.S. economy, with particular harm to some states (opens in a new tab)

New research shows how U.S. homeownership and the accumulation of housing wealth are linked to political participation (opens in a new tab)

Housing Wealth Accumulation and Electoral Representation (opens in a new tab)

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