Causes And Consequences Of Income Inequality


Causes And Consequences Of Income Inequality
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Causes And Consequences Of Income Inequality


Causes And Consequences Of Income Inequality
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Author : Ms. Era Dabla-Norris
language : en
Publisher: International Monetary Fund
Release Date : 2015-06-15

Causes And Consequences Of Income Inequality written by Ms. Era Dabla-Norris and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-15 with Business & Economics categories.


This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.



Causes And Consequences Of Income Inequality


Causes And Consequences Of Income Inequality
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Author : Era Dabla-Norris
language : en
Publisher:
Release Date : 2015

Causes And Consequences Of Income Inequality written by Era Dabla-Norris and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Economic policy categories.


This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth---that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.



Inequality


Inequality
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Author : Solomon W. Polachek
language : en
Publisher: Emerald Group Publishing
Release Date : 2016-02-29

Inequality written by Solomon W. Polachek and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-29 with Business & Economics categories.


Research in Labor Economics volume 43 contains new and innovative research on the causes and consequences of inequality.



The Causes And Consequences Of Increasing Inequality


The Causes And Consequences Of Increasing Inequality
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Author : Finis Welch
language : en
Publisher: University of Chicago Press
Release Date : 2001-06-15

The Causes And Consequences Of Increasing Inequality written by Finis Welch and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-06-15 with Business & Economics categories.


Despite the economic boom of the 1990s, the gap between the wealthy and the poor in the United States is growing larger. While ample evidence exists to validate perceived trends in wage, income, and overall wealth disparity, there is little agreement on the causes of such inequality and what might be done to alleviate it. This volume draws together a panel of distinguished scholars who address these issues in terms comprehensible to noneconomists. Their findings are surprising, suggesting that factors such as trade imbalances, immigration rates, and differences in educational resources do not account for recent increases in the inequality of wealth and earnings. Rather, the contributors maintain that these discrepancies can be attributed to workplace demand for high-skilled labor. They also insist that further research must examine the organization of industry in order to better understand the concurrent devaluation of manual labor. Addressing a topic that is of considerable public interest, this collection helps move the issue of increasing economic inequality in America to the center of the public policy arena. Contributors: Donald R. Deere, Claudia Goldin, Lawrence F. Katz, James P. Smith, Franco Peracchi, Gary Solon, Eric A. Hanushek, Julie A. Somers, Marvin H. Kosters, William Cline, Finis Welch, Angus Deaton, Charles Murray, Kevin Murphy



Social Inequality


Social Inequality
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Author : Charles E. Hurst
language : en
Publisher: Routledge
Release Date : 2016-08-05

Social Inequality written by Charles E. Hurst and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-05 with Social Science categories.


Like past editions, this ninth edition of Social Inequality: Forms, Causes, and Consequences is a user-friendly introduction to the study of social inequality. This book conveys the pervasiveness and extensiveness of social inequality in the United States within a comparative context, to show how inequality occurs, how it affects all of us, and what is being done about it. This edition benefits from a variety of changes that have significantly strengthened the text. The authors pay increased attention to disability, transgender issues, intersectionality, experiences of Muslims, Hispanic populations, and immigration. The 9th edition also includes content on the fall-out from the recession across various groups. The sections on global inequalities have been greatly updated, emphasizing comparative inequalities and the impact of the process of globalization on inequality internationally. The authors have also added material on several current social movements, including Occupy Wall Street, Black Lives Matter, and Marriage Equality.



Inequality


Inequality
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Author : Philip Arestis
language : en
Publisher: Springer
Release Date : 2018-09-04

Inequality written by Philip Arestis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-04 with Political Science categories.


This book is the fifteenth volume in the renowned International Papers in Political Economy (IPPE) series which explores the latest developments in political economy. Containing contributions by experts in the field, this book focuses on topics that address the ongoing debate of inequalities in economic systems. Inequality has been considered a problem by many academics and policy makers for a long time now and recently here has been some evidence of increasing inequalities in society. Contributors to this book focus on the causes and consequences of inequality along with the importance of tackling inequality and recommend potential policies to reduce it, for example tax reforms. The book covers different aspects of inequality - from income to gender - and explores links between inequality and economic growth, and financialisation and financial crisis.



Inequality In America


Inequality In America
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Author : Robert S. Rycroft
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2021-06-18

Inequality In America written by Robert S. Rycroft and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-18 with Political Science categories.


This authoritative reference work explores the factors driving the much-debated increase in economic inequality in U.S. society, as well as the impact that this divide is having on U.S. culture, politics, families, communities, and institutions. This reference work provides an authoritative and comprehensive resource for both students and scholars who are interested in learning more about the rich-poor divide in the United States—a divide regarded by many lawmakers, researchers, pundits, and concerned citizens as one of the nation's most serious problems. The book provides important historical background for understanding how the nation has grappled with (or ignored) this issue in the past, examines specific causes of inequality identified by observers across the political spectrum, and summarizes the potential consequences (both present and future) of economic inequality. This book examines more than 25 issues frequently cited as factors contributing to the rapidly widening gap between socioeconomic classes in the U.S., ranging from such demographic factors as race and gender to tax code provisions and differences in access to quality education and health care. The book also provides both a retrospective and prospective look at government policies aimed at addressing inequality or assisting the poor. Finally, the book looks ahead to survey the future of inequality in America.



Social Inequality


Social Inequality
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Author : Charles E. Hurst
language : en
Publisher: Routledge
Release Date : 2015-10-14

Social Inequality written by Charles E. Hurst and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-14 with Social Science categories.


A user-friendly introduction to social inequality. This text is a broad introduction to the many types of inequality– economics, status, political power, sex and gender, sexual orientation, race, and ethnicity– in U.S. society and in a global setting. The author provides a wide range of explanations for inequality and, using the latest research on the multiple impacts of inequality, surveys in detail the personal and social consequences of social inequality. Learning Goals Upon completing this book, readers will be able to: Understand that inequality is multidimensional Understand that it is essential to understand the explanations of the various forms of inequality in order to further a resolution to any inequality’s undesirable consequences Understand the discussion of inequality in its broader, historical cultural and international context



Social Inequality


Social Inequality
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Author : Heather M. Fitz Gibbon
language : en
Publisher: Taylor & Francis
Release Date : 2022-09-13

Social Inequality written by Heather M. Fitz Gibbon and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-13 with Social Science categories.


The eleventh edition of Social Inequality: Forms, Causes, and Consequences is an introduction to the study of social inequality. Fully updated statistics and examples convey the pervasiveness and extent of social inequality in the United States. The authors use an intersectional perspective to show how inequality occurs, how it affects all of us, and what is being done about it. With more resources and supplementary examples, exercises, and applications embedded throughout to aid students’ learning and visualization of important concepts, the book provides a rich theoretical treatment to address the current state of inequality. In line with current affairs, the authors have expanded the content to include: An intersectional approach throughout the chapters A stronger emphasis on the connections between poverty, wealth, and income inequality New case studies on the opioid epidemic, COVID-19, the lead poisoning crisis, and climate change A new focus on the rise of right-wing movements. With additional content and classroom extensions available online for instructors, Social Inequality remains an ideal and invaluable overview of the subject and provides undergraduate students with a robust understanding of social inequality from a sociological perspective.



Income Inequality And Social Stratification


Income Inequality And Social Stratification
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Author : Joseph Turek
language : en
Publisher: Xlibris
Release Date : 2008

Income Inequality And Social Stratification written by Joseph Turek and has been published by Xlibris this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.


Rapid technological advances in communication, data processing, and transportation, have made possible the integration of global markets on an unprecedented scale. The world has become smaller, our days have become shorter, and competition between fi rms and across nations has intensifi ed. The economic forces set in motion by globalization have blurred national boundaries and rendered concepts such as "Made in America" utterly meaningless. And yet, ironically, as the economic ties that bind us pull us closer together, we become increasingly aware of the vast gulf that separates us. The world's citizens, many of whom have grown up watching American television and listening to American music, can not help but notice the tremendous differences that separate nations. We conduct business in virtual meetings and communicate instantaneously over immense distances, but are becoming increasingly insulated from one another by the technology that fuels our interaction. This is the world in which we live today. But income inequality and social stratification are not new to the 21st century they have existed in all cultures, countries, and stages of economic development. This volume draws together a collection of classical readings from economics, political science, sociology, and philosophy to shed light on the fundamental nature of diversity in society. From Adam Smith to Thorstein Veblen, from Milton Friedman to Karl Marx, and from Henry Thoreau to W. E. B. Du Bois, these selections will challenge your thinking on important social problems that continue to command national and international attention.