Discover and read the best of Twitter Threads about #incomes

Most recents (9)

For an #economy to flourish, and create #prosperity for the majority of participants, there must be a strong and vibrant #middleclass. Today's #blog digs into the disappearance of the economic engine.…
The shrinking of the middle class is accompanied by an increase in the share of adults in the upper-income tier from 14% in 1971 to 21% in 2021. At the same time, there was an increase in the share who are in the lower-income tier, from 25% to 29%.… Image
Most importantly, and what is often not included in the analysis, is the standard of living gets “paid for” on an “after-tax” basis. When we include taxation, it becomes clear that roughly 80% of America is failing to support the “middle-class” lifestyle.… Image
Read 6 tweets
Our paper is out!
Current #adaptation projects do not automatically enhance #gender equality | need to be intentionally brought in at planning & implementation stages.

23authors|9sectors|17739 literature|countless meetings

Delighted to have brainstormed👇figure with @Joyashree9
Embedding gender considerations and facilitating #women’s participation in project design and implementation along with #inclusive #policies, training, information access, planning, and monitoring is needed
Additional course correction for #SDG5 is needed.
Our #SDG5plus (SDG5+) approach takes into consideration #intersectionality and gender aspects beyond #women alone, & can help #adaptation actions move towards meeting #genderequality and other #climatejustice goals.
Read 16 tweets
Anyone perusing the top articles of major media outlets last weekend would have read several pieces on the extraordinary #shortages being witnessed in the U.S. #economy today, and particularly those in the #labor market.
The tone of many articles was pessimistic, suggesting that the #supply-side #shortages and dislocations may be systemic, or long-term, but we think there’s evidence that the U.S. #economy will display considerably greater dynamism and resilience than the pessimists believe.
First, it’s vital to recognize that this is a #supply constraint problem, not one of #demand. Indeed, strong demand is being driven by a host of powerful influences: 1) household balance sheets never been cleaner and HH #wealth is $25 trillion greater now than pre-Covid level.
Read 12 tweets
September witnessed a somewhat disappointing nonfarm #payroll gain of 194,000 jobs, which was weaker than the upwardly revised August gain of 365,000 and was well below #economists’ consensus estimates of nearly 490,000 jobs.
Clearly, there are significant #labor supply issues limiting the pace of recovery. Further, the #unemployment rate declined meaningfully, from 5.2% to 4.8% in Sept, and average hourly #earnings saw gains of 0.62% m-o-m, which brings the measure to 4.58% greater on a y-o-y basis.
The most interesting part of today’s #JobsReport, and much of the other recent #economic/corporate data, is that it’s the supply of resources that’s creating systemic pricing pressure, as well as consequently dulling growth of an #economy not lacking demand in virtually any area.
Read 11 tweets
Interesting results by Markus Grabka @DIW_Berlin on changes in household #incomes during the #Covid_19 crisis in Germany: #inequality in monthly hh disposable incomes was _lower_ in early 2021 than in 2019

This is because self-employed workers - who in Germany have high average incomes - suffered substantial income losses, while other groups experienced stagnating or even rising incomes. Certainly a result of the comprehensive government emergency support (#kurzarbeit)
These results are consistent with earlier research, e.g. by @ConchDAmbrosio, which suggested that disp. income inequality in European countries may have declined in the initial stages of the crisis because of strong government support for lower-income hhs
Read 5 tweets
Highlights from the "Businesses of the Future" webinar with Mr. Ajay Modi, VP @PiperSerica

Read here 👇🏻
Long-term disciplined #investing is the most popular way of efficient wealth creation. As pointed out by Ben Graham, money is made through time in the market and not through timing the market.
The key drivers of the businesses of the future are going to be rising #incomes, availability of global goods and services, digitalization of consumption, rising number of millennials, etc.
Read 7 tweets
These days, one of our 2019 working papers (@kielinstitute) by MEDAM researchers Claas Schneiderheinze & David Benček received substantial criticism from @m_clem, and is now being very much discussed.

A response.

The MEDAM research links rising #incomes with decreasing #emigration in poor countries thus challenging the causal interpretation of the “migration hump”.

2/6 Image
The critique is fundamental & sounds persuasive. @m_clem criticizes:
1) using annual data gives too much weight to bursts & busts
2) time fixed effects mask long-term econ. progress
3) the empirical setup with absolute emigration, GDP & population leads to spurious results

Read 6 tweets
While the #JobsReport data during the #pandemic has shown itself to be highly unpredictable and #volatile, the remarkable gain of 4.8 million #jobs in June is a heartening development.
Today’s data suggested that the #labor #markets continue the process of carving out a bottom, as June’s #unemployment rate dropped to 11.1% from a peak of just less than 15% in April.
Those regions of the #economy that witnessed the greatest #job losses are now bouncing back strongly, but it is also clear that leisure, travel, energy, etc., have a very uncertain path forward today, despite seeing significant bounce-backs in near-term data.
Read 5 tweets

What did #famers get in #Budget, where @nsitharaman claimed, "Our Govt is committed to the goal of doubling farmers income by 2022"

P.S-Acc to Dalwai committee,"real income of farmer, should increase by 10.4%/year,which has been increasing less than 2.5% in last 5 years
@nsitharaman @_YogendraYadav @aviksahaindia @sayantanbera @seemay @Ghair_Kanooni @Subytweets @sritara @srinivasanravi @DrSarvapriya @RURALINDIA Govt allocates 9.3% of the budget to #Agri, allied,irrigation & #rural development, which was 9.8% last year. Factoring Inflation, Real Increase in allocation is actually negative.

Is this enough ?
Will this increase #farm income, prop up #rural demand ?

@mkvenu1 @PreetiSMenon
@nsitharaman @_YogendraYadav @aviksahaindia @sayantanbera @seemay @Ghair_Kanooni @Subytweets @sritara @srinivasanravi @DrSarvapriya @RURALINDIA @mkvenu1 @PreetiSMenon Govt allocated 1.58 lakh crore to #agri, allied sectors & irrigation i.e. 5.2% of the total budget. Last years budget had allocated 1.52 lakh crore, which was 5.45% of the budget i.e. reduced spending !

👉Will this double #farm income by 2022 ?🙄
@rssurjewala @MonaAmbegaonkar
Read 17 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!