Honors Theses and Capstones

Date of Award

Spring 2024

Project Type

Senior Honors Thesis

College or School

PAUL

Department

Economics

Program or Major

Economics

Degree Name

Bachelor of Arts

First Advisor

Aziz Saglam

Abstract

This paper encompasses how inequality and standard of living have changed intergenerationally. Existing research and a regression analysis examine how income, corporate profits, housing, education, retirement, and health insurance are interconnected in American inequality and standard of living. Data analyzed in the regression includes the period of 1990 to 2021. However, the literature review extends back to 1970. Findings from existing research and regression analysis are used to provide policy recommendations on how the federal government may improve inequality by addressing the housing shortage, revising the tax system, and encouraging automatic enrollment in retirement plans.

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