Comments on: Comparing Income Series http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/ Making the "Invisible Hand" Visible Thu, 28 Aug 2008 19:01:15 +0000 http://wordpress.org/?v=2.3.3 By: Peter Schaeffer http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/#comment-18 Peter Schaeffer Tue, 26 Sep 2006 21:21:32 +0000 http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/#comment-18 Was this from an Excel spreadsheet? How did you generate the chart? Excel? Could you please send me a copy of the spreadsheet. Thank you. You have my Email address. Was this from an Excel spreadsheet? How did you generate the chart? Excel? Could you please send me a copy of the spreadsheet. Thank you. You have my Email address.

]]> By: Peter Schaeffer http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/#comment-17 Peter Schaeffer Tue, 26 Sep 2006 15:44:46 +0000 http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/#comment-17 The table is a good one. However, you should have added a line for "Families - Wife Not in Paid Labor Force". This number rose from $22,028 in 1950 to $42,049 in 1973 and is unchanged ($42,221 in 2004) since. In other words, essentially all gains in family income since 1973 have come from increasing effort (wives working) rather than rising wages/salaries. Given that BLS GDP per worker has soared since 1973, this is quite revealing. Thank you Peter Schaeffer The table is a good one. However, you should have added a line for “Families - Wife Not in Paid Labor Force”. This number rose from $22,028 in 1950 to $42,049 in 1973 and is unchanged ($42,221 in 2004) since. In other words, essentially all gains in family income since 1973 have come from increasing effort (wives working) rather than rising wages/salaries. Given that BLS GDP per worker has soared since 1973, this is quite revealing.

Thank you

Peter Schaeffer

]]> By: joan http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/#comment-15 joan Wed, 20 Sep 2006 10:55:58 +0000 http://www.visualizingeconomics.com/2006/09/02/comparing-income-series/#comment-15 The Blog <a href="http://economistsview.typepad.com/economistsview/2006/09/krugman_on_trac.html">economistview</a> has list of the best sources for income data. The Blog economistview has list of the best sources for income data.

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