Income distribution shapes the contours of economic expansion by influencing aggregate demand, savings behaviour and investment incentives. A more equal distribution tends to bolster consumption, ...

Editor's note: The Institute for Business in Global Society (BiGS) invited economist Anton Korinek to speak about the impact of artificial intelligence on the economy during our AI in Society seminar ...

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 ...

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 ...