http://dmarron.com/2009/07/13/house-prices-and-productivity/ Musings on Economics, Finance, and Life Mon, 13 Feb 2012 20:27:13 +0000 hourly 1 http://wordpress.com/ http://dmarron.com/2009/07/13/house-prices-and-productivity/#comment-384 Thu, 16 Jul 2009 21:16:15 +0000 http://dmarron.com/?p=935#comment-384 That’s an interesting point. One of the big frustrations with economic data (which I should blog about some day) is the disparity among various measures of income over the past decade. Some (e.g., average hourly earnings, median household income) haven’t done very well. Others (e.g., real disposable income) did quite well, at least before the crisis. I wonder if Jim would emphasize the latter measures (which do provide the broadest measure of overall income in the economy).

]]> http://dmarron.com/2009/07/13/house-prices-and-productivity/#comment-370 Tue, 14 Jul 2009 17:27:03 +0000 http://dmarron.com/?p=935#comment-370 Productivity was high, but incomes weren’t rising as would be implied by such.

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