Topic: Income
‘Fight for 15’ Debate: What Happens after a Big Boost in Minimum Wage?
Modest loss of jobs followed 1966 law, but millions won substantial raises
$54,000 a Year: It Feels Like More If Your Neighbors Make Less
Ricardo Perez-Truglia’s research uses relocation choices of medical residents to study feelings about relative income
A Salaryman and a Wage Earner, Paid Equally, Walk Into a Bar (to Volunteer)
Which one walks out happier?
Americans Want to Help Poor People, but Only the Hard-Working Poor
Biases around race, nation-of-origin and disability are small compared to the preference for helping the diligent
An Early Episode of How Corporate Profits Shaped Labor Markets
Caribbean plantation owners, faced with slavery’s end, enacted legal barriers to employment elsewhere
Are Interest Rates Really So Low?
Adjusting for inflation — and, crucially, for taxes — shows bond investors fare better than they might think
As Concentrated Shareholder Ownership Rises, Wages and Employment Suffer
Where big investors gather, corporate wealth is reallocated away from workers
As Income Rises, Link Between Meaning and Happiness Weakens
Globally, lower-income people feel a stronger connection
Big Families — and Overall Population Growth — Lead People to Emigrate
Europe’s Great Migration to North America, 1850-1920, offers lessons for today’s immigration patterns
Cashless Payments: Faster Transactions, Easier Borrowing and Increased Household Income
System provides digital record of payments for India’s vast self-employed ranks, satisfying lenders, and raising the likelihood of starting a business
Co-Worker Schmoozing Rises as Salaries are Thought of as Hourly Pay
Putting a value on networking becomes implicit
COVID-19-Induced Eviction Moratoria Reduced Hunger and Anxiety
Housing guaranteed, rent payments went toward food
Cultural Polarization Isn’t New — But Its Alignment With Political Divisions Is
A new way to classify individuals delivers insights on social divisions and the culture war
Culture Affects How People Save Money
Immigrants show saving tendencies that carry through several generations
Do the Benefits of Pay Transparency Accrue Mostly to Employers?
Revealed compensation might motivate workers to do more, without a raise
Do Workers Cross State Lines for Higher Minimum Wages?
States that raise rates curtail out-migration but do not attract more outsiders