1. Electronic copy available at: http://ssrn.com/abstract=2207372 Changes in Income Inequality Among U.S. Tax Filers Between 1991 and 2006: The Role of Wages, Capital Income,…
Slide 1Time prices Inflation Inflation is a sustained increase in the prices of goods and services (or the cost of living). To measure inflation, we look at changes in the…
Slide 1 The monetary system, prices, and inflation Outline 1.What is a monetary system? 2.Index numbers 3.The Consumer Price Index (CPI) 4.The CPI and the Inflation Rate…
Slide 1 The CPI and the Cost of Living Outline 1.The Consumer Price Index (CPI) 2.What is inflation? 3.The CPI and the Inflation Rate 4.Adjusting the money (nominal) wage…
Slide 1 Challenges and Barriers to the Recovery Robert J. Gordon Northwestern University, NBER, CEPR EPS Session “Up From Here?” San Diego ASSA Meetings, January 4, 2013…
Slide 1 Income Distribution Slide 2 Key Issues What is the existing distribution (USA) What is the solution: growth or distribution? Rationales for income distribution –Ethics…
Slide 1 Measuring the Price Level and Inflation Price level Average level of prices in the economy Index A series of numbers used to track a variable’s rise or fall over…
Families, Time and Well-Being in Canada Economics and the Well-Being of Canadian Children Peter Burton and Shelley Phipps Department of Economics Dalhousie University Motivation…
Slide 1 The CPI and the Cost of Living Outline The Consumer Price Index (CPI) What is inflation? The CPI and the Inflation Rate Adjusting the money (nominal) wage for inflation…
Inflation Time prices Inflation Inflation is a sustained increase in the prices of goods and services (or the cost of living). To measure inflation, we look at changes in…