The Great Decoupling of Income Growth for Middle-Class Households:
Some people argue that the disconnect between economic growth and the growth of median or other measures of middle-class household income can be explained away by measurement errors. But Lane Kenworthy says no matter how you measure it, "Decoupling is real and sizable":
![Isdecouplingreal-figure2-version5[1]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vYk2yxKnQ4fbuAI-AtwEdMb2r8vZm51d9cDKTYJICof_H_AXKN-v4Kf6aEP_rJzLO9Y1YHNte8wRD6k8Ab08dBIcIieIIPVXAH9AK_u-uQRkFZKChBrQ-k5YMXCaEtI8WoJ4ADzhKeIGrCd4xN8iEk=s0-d "Isdecouplingreal-figure2-version5[1]")
See here too.
Some people argue that the disconnect between economic growth and the growth of median or other measures of middle-class household income can be explained away by measurement errors. But Lane Kenworthy says no matter how you measure it, "Decoupling is real and sizable":
See here too.
Comments