Iโm sorry to hear this news. Joel contributed a lot to economic measurement.
Iโm sorry to hear this news. Joel contributed a lot to economic measurement.
What can big data and other 'non-standard' do to improve measurement of productivity? Erica Groshen explains in launch of our new book, The Measure of Economies. Video.
www.youtube.com/live/aVaISsh...
OTOH, taxpayers with taxable income < 100k (that is, most taxpayers) use the tax tables and may be aware that an increase of $1 in taxable income can cause their tax to increase by up to $12. While not exactly the case addressed by the question, I can see the confusion.
Iโn not an economic historian, but this Wikipedia article mentions demobilization of troops and competition for jobs and housing due to the Great Migration. en.wikipedia.org/wiki/Red_Sum...