While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

Forbes contributors publish independent expert analyses and insights. Christian Weller is an economist focused on retirement inequality. The Federal Reserve recently released new household data in two ...

Discover how to distinguish between income and price effects in economics and learn methods to calculate each for better ...

Changes in overall economic conditions may affect real household income levels and also how income is distributed across households. Analysis using annual data from 1967 to 2023 shows that the adverse ...

I care about economic inequality. I teach a class on it. I wrote a book about it. Yet, recently, two different arguments have popped up with a seemingly similar conclusion: economic inequality hasn’t ...

Discover how Average Propensity to Save (APS) measures the percentage of income saved. Learn the formula for APS and factors ...

Catherine de Fontenay is a Commissioner of the Productivity Commission. Australia is among the strongest global performers in terms of income mobility between the generations, according to a new ...

The 20th Communist Party of China National Congress proposed that "we will build an institutional framework under which ...