As inflation has risen to forty-year highs, inflation inequality—disparities in the rates of inflation experienced by different demographic and economic groups– has become an increasingly important concern. In this three-part blog series, we revisit our main finding from June—that inflation inequality has increased across racial and ethnic groups—and provide estimates of differential inflation rates across groups based on income, education, age, and geographic location. We also use an...| Liberty Street Economics
Disparities in wealth distribution by age have slightly narrowed since the beginning of the pandemic. This change was likely driven by expanded ownership of financial assets among younger Americans.| Liberty Street Economics
Charts and data shedding light on disparities in people’s experience of inflation, earnings, employment, and consumer spending.| www.newyorkfed.org
This post draws on the New York Fed’s Equitable Growth Indicators to highlight recent gender gaps in the labor market at the national and regional levels.| Liberty Street Economics
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov
Rajashri Chakrabarti is an economic research advisor in Microeconomics and chair of the Research Group’s Data Strategy Committee. Her areas of interest include labor economics, consumer finance and economics of education. Her research focuses on educational investment decisions and future financial and economic outcomes, consumer debt and repayment, financial literacy, costs and returns to post-secondary education and educational finance and accountability. Prior to joining the NY Fed, Raji...| www.newyorkfed.org
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov