Attention Economy


Wednesday, July 31, 2024

James Bullard on Monetary Policy

James Bullard on FAIT, Nominal GDP Targeting, and the Fed’s Upcoming Framework Review

Economic Inequality - Race versus Class

Economic prospects brighten for children of low-income Black Americans, study finds
 
Between two generations, Americans’ ability to break into the middle class has changed. Race has come to play a smaller role in upward mobility, while economic class plays a larger role.
 
What Gives Poor Kids a Shot at Better Lives? Economists Find an Unexpected Answer
New research shows that when children grow up in a neighborhood where more adults have jobs, those children are better off economically as adults themselves