During the e61 Lounge Session Fabrizio Perri, presented his research, “More unequal we stand? Inequality in the United States from the Great Recession to the COVID pandemic”.

The research of Fabrizio Perri and his co-authors shows the household income inequality in the US has risen significantly over the last 50 years. This reflects both the rise of real wages for high-income workers and a sharp reduction in work hours for low-income earners. Research like this provides the facts that policymakers need to understand who is falling behind even as our economy continues to grow.
Similar work done locally (which you can read here >https://lnkd.in/gnSS5Yfm) shows trends hold in Australia which suggests that policymakers can and need to do more to support the most disadvantaged. Reforms for education, housing and income support should be a priority.