If you’re at the world labor congress #sole2025, come to session 70 on Saturday 14:30 on occupations and careers! I’ll preeent work with @lpvisschers.bsky.social and Carlos Carrillo-Tudela on occupations, miscoding, and distances! Miscoding of occupations not only affects…

If you’re at the world labor congress #sole2025, come to session 70 on Saturday 14:30 on occupations and careers! I’ll preeent work with @lpvisschers.bsky.social and Carlos Carrillo-Tudela on occupations, miscoding, and distances! Miscoding of occupations not only affects…

Along the family income dimension, we find a disproportionate increase of inflation among lower-income households, and the opposite results: relative to January 2020 (i.e., before Covid stimulus packages), real family income fell for the bottom, and increased for the top.

I expected different results, but income-dependent price indices turn out to yield similar results as the CPI, since family income and wages are very poorly correlated in the data.

The economic situation in the US, especially the unequal impact of inflation along income has been widely discussed in light of recent election results. Marcia and I have written up a note on the recent evolution of real wages and real (total family) income. #EconSky