A previous post has presented the per capita personal income by states. This one compare that indicator with the house price index by states. What could this comparison reveals?
Definition: According to Federal Housing Finance Agency, house price index (HPI) "is a broad measure of the movement of single-family house prices." The HPI used for this …
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In its latest report released on January 30, 2024, Transparency International reveal the ranking of corruption worldwide. Defined as "the abuse of entrusted power for private gain," corruption has far-reaching consequences, particularly on the most vulnerable societies. As public resources are used for personal interests rather than public welfare, the impact on poverty and inequality is important. In this regards, each …
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Economic theory links economic development to human capital, arguing that the latter can induce the former. In this post, GDP per capita, an indicator of economic development, is compared to life expectancy at birth, a health indicator. How are these indicators linked to each other?
Definition : The OECD defines human capital as 'the stock …
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