Please use this identifier to cite or link to this item:
Zacharias, Ajit
Masterson, Thomas
Rios-Avila, Fernando
Year of Publication: 
Series/Report no.: 
Public Policy Brief 146
Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila update the Levy Institute Measure of Economic Well-Being (LIMEW) for US households for the period 2000-13. The LIMEW - which comprises base income, income from wealth, net government expenditures, and the value of household production - is aimed at achieving a more comprehensive understanding of trends in living standards. This policy brief analyzes developments during this period at all levels of the LIMEW distribution, with a particular focus on the significant role played by net government expenditures. The overall trend for 2000 - 13 was one of historic stagnation in the growth of economic well-being for US households, but an examination of the different components of the measure reveals significant shifts taking place behind this headline trend.
Document Type: 
Research Report

Files in This Item:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.