Economic Progress

Household income growth is lagging behind GDP per capita. This is why

We find that while GDP per capita has outpaced the median in most OECD countries, the US is a clear outlier in the extent of that divergence. Image: REUTERS/Mike Blake

Brian Nolan

Professor of Social Policy and Director of Employment, Equity, and Growth Programme, Institute for New Economic Thinking

Max Roser

Programme Director, Oxford Martin School, University of Oxford

Stefan Thewissen

Postdoctoral research fellow, University of Oxford

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Economic Progress

  Comparing the evolution in GDP per capita to median household income
Image: VoxEU
  Decomposing the divergence between median household income and GDP per capita for the US
Image: VoxEU
  Decomposing the divergence between GDP per capita and median household income across 27 countries
Image: VoxEU
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Economic ProgressFinancial and Monetary Systems

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