Part 4/14:
- Transfers: Government benefits like social security, unemployment insurance, UBI, Medicaid, etc.
The formula for the proposed EAI involves combining property income with a beta-weighted measure of wages, then subtracting transfers, creating a scaled score from 0 to 100 that reflects the balance and robustness of income sources within a region.
This measure is highly granular, capable of being calculated at the county level, allowing policymakers to visualize demand resilience across regions via heat maps, monitor trends, and design targeted interventions.