2 ms·
Wouldn't this one, https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N , "Real Median Household Income", be a batt
by tzs 11mo ago
Wouldn't this one, https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N , "Real Median Household Income", be a batter match to EU household real income per capita?
- rayiner 11mo agoThe "real median household income" is a per-household number (divided by number of households), while the "EU household real income per capita" is a per-capita number (divided by number of people). Household sizes are different and shrinking at different rates. Also, I think the EU figure is an average, not a median. As I noted above, the Fed figure may not include imputed income from social benefits. So if social benefits are increasing as a share of European incomes, the comparison above may understate the EU's growth relative to the US.
- deleted 11mo ago[deleted]