Patterns Trends And The Policy Implications For Earnings Inequality And Unemployment
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Author | : Ms.Era Dabla-Norris |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 2015-06-15 |
Genre | : Business & Economics |
ISBN | : 1513547437 |
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.
Author | : Lawrence R. Mishel |
Publisher | : Comstock Publishing Associates |
Total Pages | : 448 |
Release | : 2007 |
Genre | : Business & Economics |
ISBN | : 9780801445293 |
Praise for previous editions of The State of Working America: "The State of Working America remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today's economy."--Robert B. Reich"It is the inequality of wealth, argue the authors, rather than new technology (as some would have it), that is responsible for the failure of America's workplace to keep pace with the country's economic growth. The State of Working America is a well-written, soundly argued, and important reference book."--Library Journal "If you want to know what happened to the economic well-being of the average American in the past decade or so, this is the book for you. It should be required reading for Americans of all political persuasions."--Richard Freeman, Harvard University "A truly comprehensive and useful book that provides a reality check on loose statements about U.S. labor markets. It should be cheered by all Americans who earn their living from work."--William Wolman, former chief economist, CNBC's Business Week "The State of Working America provides very valuable factual and analytic material on the economic conditions of American workers. It is the very best source of information on this important subject."--Ray Marshall, University of Texas, former U.S. Secretary of Labor"An indispensable work . . . on family income, wages, taxes, employment, and the distribution of wealth."--Simon Head, The New York Review of Books "No matter what political camp you're in, this is the single most valuable book I know of about the state of America, period. It is the most referenced, most influential resource book of its kind."--Jeff Madrick, author, The End of Affluence "This book is the single best yardstick for measuring whether or not our economic policies are doing enough to ensure that our economy can, once again, grow for everybody."--Richard A. Gephardt "The best place to review the latest developments in changes in the distribution of income and wealth."--Lester ThurowThe State of Working America, prepared biennially since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth, and poverty-data that enable the authors to closely examine the effect of the economy on the living standards of the American people.
Author | : Gar Alperovitz |
Publisher | : Turner Publishing Company |
Total Pages | : 266 |
Release | : 2008-04-21 |
Genre | : Political Science |
ISBN | : 0470323450 |
"Be prepared for a mind-opening experience." -The Christian Century "Highly readable; excellent for students. . . . A tonic and eye-opener for anyone who wants a politics that works." -Jane Mansbridge, Adams Professor, John F. Kennedy School of Government, Harvard University "America Beyond Capitalism comes at a critical time in our history-when we all know our system isn't working but we are not sure what can be done about it. This book takes us outside the confines of orthodox thinking, imagines a new way of living together, and then brings that vision back into reality with a set of eminently practical ideas that promise a truly democratic society." -Howard Zinn, author of A People's History of the United States "Succeeds brilliantly in taking the Jeffersonian spirit into the last bastion of privilege in America, offering workable solutions for making the American economy one that is truly of, by, and for the people." -Jeremy Rifkin, author of The European Dream: How Europe's Vision of the Future Is Quietly Eclipsing the American Dream "The kind of careful, well-researched, and practical alternative progressives have been seeking. And it's more-visionary, hopeful, even inspirational. I highly recommend it." -Juliet Schor, author of The Overspent American: Why We Want What We Don't Need "A compelling and convincing story of the future." -William Greider, author of The Soul of Capitalism: Opening Paths to a Moral Economy
Author | : Jonathan Heathcote |
Publisher | : DIANE Publishing |
Total Pages | : 61 |
Release | : 2010-10 |
Genre | : Business & Economics |
ISBN | : 1437934919 |
The authors conducted a systematic empirical study of cross-sectional inequality in the U.S., integrating data from various surveys. The authors follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household earnings, to disposable income, and, ultimately, to consumption and wealth. They document a continuous and sizable increase in wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at the bottom of the distribution, but have little effect on the overall trend. Charts and tables. This is a print-on-demand publication; it is not an original.
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : 2001 |
Genre | : Equal pay for equal work |
ISBN | : 9780880992282 |
Author | : International Labour Office |
Publisher | : International Labour Organization |
Total Pages | : 500 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : 9789221179504 |
Including international comparative analysis alongside national case studies, this volume offers a wealth of information on the new trends which have emerged over the past decades - all of which were discussed at the recent 9th International Symposium on Working Time, Paris (2004). It looks at the increasing use of results-based employment relationships for managers and professionals, and the increasing fragmentation of time to more closely tailor staffing needs to customer requirements (e.g., short-hours, part-time work). Moreover, as operating/opening hours rapidly expand toward a 24-hour and 7-day economy, the book considers how this has resulted in a growing diversification, decentralization, and individualization of working hours, as well as an increasing tension between enterprises' business requirements and workers' needs and preferences regarding their hours. This new reality has raised some other challenging issues as well and the volume addresses those such as increasing employment insecurity and instability, time-related social inequalities, particularly in relation to gender, workers' ability to balance their paid work with their personal lives, and even the synchronization of working hours with social times, such as community activities.
Author | : Claudia Goldin |
Publisher | : Harvard University Press |
Total Pages | : 497 |
Release | : 2009-07-01 |
Genre | : Business & Economics |
ISBN | : 0674037731 |
This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.
Author | : Vivian Shalla |
Publisher | : Canadian Scholars’ Press |
Total Pages | : 411 |
Release | : 2011-10-03 |
Genre | : Business & Economics |
ISBN | : 1551303965 |
Now in its second edition, this reader presents a critical examination of the changing structure of work in Canada and abroad. Its focus is on the role of Canadian labour in the globalized world. Contributors include David Livingstone, Pat Armstrong, Meg Luxton, Dave Broad, and other prominent Canadian scholars. Each of the seven themed sections begins with a contextual introduction by Vivian Shalla and concludes with critical thinking questions and suggestions for further reading. New to this edition: All new content: 14 up-to-date chapters reflecting the current state of research on work in Canada New section on informal care work More workplace-based chapters that provide a view ""from the shop floor""
Author | : Mr.Olivier Coibion |
Publisher | : International Monetary Fund |
Total Pages | : 57 |
Release | : 2012-08-01 |
Genre | : Business & Economics |
ISBN | : 1475505493 |
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.
Author | : Ellen Ernst Kossek |
Publisher | : Psychology Press |
Total Pages | : 680 |
Release | : 2004-12-13 |
Genre | : Business & Economics |
ISBN | : 1135622809 |
Work-family researchers have had much success in encouraging both organizations and individuals to recognize the importance of achieving greater balance in life. Work and Life Integration addresses the intersect between work, life, and family in new and interesting ways. It discusses current challenges in dealing with work-life integration issues and sets the stage for future research agendas. The book enlightens the research community and informs the public debates on how workplaces can be made more family sensitive by providing contributions from psychologists, sociologists, and economists who have not shied away from asserting the policy implications of their findings. This text appeals to both practitioners and academics interested in seeking ways to create meaningful lives.