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This study investigates the relationship between conspicuous consumption and inequality in the United States by doing text mining in Google searches for luxury and comfort goods. The findings reveal a strong correlation between the pursuit of luxury items and levels of income inequality in...
Persistent link: https://www.econbiz.de/10014255664
In this paper, we revisit the gender wage inequality in the United States with a focus on the deciles level wage-distribution in the USA during 1986 to 2016. We find that with the inclusion of part time employed men and women, the overall ratio of women's to men's wages in 1986 was 53 percent...
Persistent link: https://www.econbiz.de/10012834528
This scholarly research endeavors to investigate the intricate interplay between labor and non-labor income and its contribution to the disparity of income across various states in the United States. The paper employs an analytical approach, utilizing an array of data and sophisticated...
Persistent link: https://www.econbiz.de/10014261880
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The current state of the US economy is recognized with the highest debt level and a dramatic rise in the M2 Money Supply along with a decrease in the Velocity of Money. We target the exogenous nature of the recent negative output shock, and we employ a reduced form Vector Auto Regressive model...
Persistent link: https://www.econbiz.de/10013212511
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