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Economic Policy Inst., Washington, DC. – 1986
This briefing paper presents statistical evidence from a variety of data sources that the real income of the average U.S. household has been stagnant for a decade; primary causes are also examined. The major reasons identified for income stagnation are (1) declining real wages; (2) a less productive economy (economic growth has slowed down)…
Descriptors: Economic Change, Economics, Family Income, Housing