Arin Dube (@arindube) / X

Arin Dube

39.4K posts

Arin Dube

@arindube

Provost Prof. of Economics, UMass Amherst Labor market policies, competition, inequality @nberpubs My book: thewagestandard.com

Northampton/Somerville, MA

Joined June 2013

Pinned
Arin Dube
@arindube
Dec 11, 2025
Between 1979–2019, top pay (90th pct.) rose 53%, middle rose 23%, bottom (10th pct.) rose 17%. (Hourly productivity climbed 73%.) Since 2019, gains at the bottom reversed 1/3 of this rise in pay inequality. But much more needs to be done! 🧵on my book: The Wage Standard.
171K
Arin Dube
@arindube
Feb 4, 2024
As an American economist, I feel in part it's my own failing (and our collective failing) that so many our my fellow Americans don't yet understand how important and successful this President's economic policies have been.
President Biden Archived
@POTUS46Archive
Feb 4, 2024
Experts said that to get inflation under control we needed to drive up unemployment. We found a better way. Under my plan, unemployment has been under 4% for two full years now, and inflation has been at the pre-pandemic level of 2% over the last half year.
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Arin Dube
@arindube
Apr 21, 2022
There is no Great Resignation ... people are not leaving the workforce. Prime-age employment rate is back to 2019 levels! What we have is a Great Reshuffling: workers moving to better paying jobs. That's what a competitive labor market actually looks like!
Arin Dube
@arindube
Mar 10, 2020
Before I hear any more ideas of a payroll tax, bail out, or any other economic stimulus policy in response to COVID-19, I want to see a paid sick leave policy. It's insane not to do it.
Arin Dube
@arindube
Jul 6, 2023
Mr. Dube and two co-authors found that...in just two years, the economy undid about a quarter of the increase in inequality since 1980. Much of that progress, they found, came from workers’ increased ability — and willingness — to change jobs.
The ‘Great Resignation’ Is Over. Can Workers’ Power Endure? (Published 2023)
From nytimes.com
1.6M
Arin Dube
@arindube
Nov 25, 2023
This great 1997 article by Bob Shiller has survey evidence on to why people dislike inflation: they don't believe wages would be very different if inflation were lower. They think inflation makes them worse off from higher prices, as wages would be the same w/o inflation. 🧵
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Arin Dube
@arindube
Dec 22, 2023
Pres. Biden can legitimately say: it took us 3 years to fix the inflation that was rising and when I took office. We're entering the fourth year with a lower inflation rate and lower unemployment rate than when I took office. We prioritized healing the economy. #BidenomicsWorks
Mike Konczal
@mtkonczal
Dec 22, 2023
Replying to @mtkonczal
The 6-month core PCE change is now very well below the value when President Biden took office, even over half a percentage point lower. Because inflation was already on the rise in January 2021, as the economy started reopening from the global shock. /5
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Arin Dube
@arindube
Apr 8, 2019
Pleased to announce that our paper quantifying the overall effect of US minimum wages on low-wage jobs is now forthcoming at the Quarterly Journal of Economics. Here's the current version: dropbox.com/s/9lotsq60qfw4…
Arin Dube
@arindube
Jan 1, 2023
I found out that my 9 yo apparently kept raising the price of lemonade they were selling on the sidewalk in order to better understand the price sensitivity of demand.
213K
Arin Dube
@arindube
Feb 8, 2024
Can't say this enough. Joe Biden inherited a country plagued by a pandemic, and an economy that was a wreck. Today we have an economy with low unemployment and low inflation, and high real wages that match or surpass pre-pandemic trends for most. It's an incredible feat.
Justin Wolfers
@JustinWolfers
Feb 8, 2024
Thing is, I was actually alive in January 2021, and I remember the reality that our covid-inflected lives were complicated, and the economy was a wreck, with millions of people out of work, widespread shortages, and tremendous uncertainty about our economic future.
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Arin Dube
@arindube
Oct 21, 2024
The greatest trick Elon Musk ever pulled was convincing the world he was more of an innovator than a rent-seeker. He is a rent-seeker.
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Arin Dube
@arindube
May 21, 2022
What if I told you that the college wage premium is falling right now, for the first time since 1970s? Well, it is.
Arin Dube
@arindube
Nov 7, 2024
The effort by center-left technocrats to say the problem was that Democrats went "too far left" in economics is one of the most ridiculous narratives to emerge in this era.
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Arin Dube
@arindube
Mar 13, 2020
Let me introduce you to a term: labor hoarding. Refers to when employers-faced w/ a downturn-don't lay off workers but keep them around even though there's not as much work. Why? Because it's costly to recruit/re-train. Right now, we want policies to incentivize labor-hoarding.