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- W3122374920 abstract "HE UNITED STATES HAS EXPANDED ITS LEAD OVER OTHER ADVANCED INDUSTRIALIZED NATIONS in terms of conventionally measured per capita income during the 1990s. A comparison of real GDP per equivalent adult between the United States and the other Group of Seven economies, based on the latest available Penn World Table, shows that the former grew much faster during the 1990s. 1 However, the well-documented increases in income and wealth inequality in the United States make it doubtful whether substantial segments of the population have benefited significantly from the fruits of the relatively rapid economic growth. It is also not clear that the level of economic well-being in the United States, if measured using a more comprehensive and realistic yardstick, has grown concomitantly with per capita income. The project on economic well-being under way at the Levy Economics Institute investigates two issues in detail. First, how much" @default.
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- W3122374920 date "2003-12-01" @default.
- W3122374920 modified "2023-09-27" @default.
- W3122374920 title "The Levy institute measure of economic well-being" @default.
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