We construct a posttax, posttransfer income measure from 1963 to 2023 based on the Current Population Survey Annual Social and Economic Supplement that allows us to consistently compare the economic well-being of five generations of Americans at ages 36–40. We find that Millennials had a real median household income that was 20% higher than that…
Is each American generation doing better?
Is each American generation doing better?
23 Apr 2026 Leave a comment
in applied price theory, econometerics, economic history Tags: The Great Enrichment
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