Is the Distribution of Income Shifting Away from Workers?
A popular and highly politicized theme today is that US workers are falling behind as their real wages fall and income gets redistributed to the rich. The Hamilton Project at the Brookings Institution, led by Robert Rubin, Lawrence Summers and Roger Altman, is dedicated to the study of this problem. The development of a wealth gap, shown by a decline in worker compensation relative to household wealth, has caught the attention of many critics because it suggests that workers are falling behind compared with those with income from capital. This inference is questioned here.
|Date of creation:||28 Feb 2007|
|Publication status:||Published in Research Buzz 2.3(2007): pp. 1-3|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:fip:fedgsq:y:2007:i:feb6 is not listed on IDEAS
- Ben S. Bernanke, 2007. "The level and distribution of economic well-being," Speech 256, Board of Governors of the Federal Reserve System (U.S.).
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:17778. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.