Controversies about the Rise of American Inequality:  A Survey

Gordon, Robert J.; Dew-Becker, Ian

doi:10.3386/w13982

Cited by 82 publications

(80 citation statements)

References 82 publications

(73 reference statements)

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“…Studies by Gordon and Dew-Becker (2008), Deininger and Squire (1996) have demonstrated the consequences of poverty on levels of inequality. We note that poverty partly may be a proxy for the lower part of the Lorenz curve, while high income share is a reflection of the top of the Lorenz curve, which determines the slope of the Gini coefficient.…”

Section: Multiple Regression Analysismentioning

confidence: 99%

“…Wilson (1990) highlighted the interplay of poverty and race, brought on by economic restructuring and shaping the circumstance of the "truly disadvantaged." Gordon and Dew-Becker (2008) and Deininger and Squire (1996) document the connection between economic growth and poverty reduction. Research by Sampson (1995) and Sharkey (2013) highlights the role of place-based concentrated disadvantage in the perpetuation of poverty over long time scales.…”

Section: Introductionmentioning

confidence: 99%

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The Geography of Inequality: Difference and Determinants of Wage and Income Inequality across US Metros

2014

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Abstract:This paper examines the geographic variation in wage inequality and income inequality across US metropolitan. Our findings indicate that the two are quite different. Wage inequality is closely associated with skills, human capital, technology and metro size, in line with the literature, but these factors are only weakly associated with income inequality. Furthermore, wage inequality explains only 15 percent of income inequality across metros. Income inequality is more closely associated with unionization, race and poverty. We find no relationship between income inequality and average incomes and only a modest relationship between it and the percent of high-income households.

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Section: Multiple Regression Analysismentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Geography of Inequality: Difference and Determinants of Wage and Income Inequality across US Metros

2014

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“…9 Battistin [2004], , and Battistin and Padula [2009] have documented that the gap between the Personal Consumption Expenditure and CES nondurable consumption data has been growing since 1990. 10 See for example, Baker [1997], Gottschalk [1997] Moffitt and Gottschalk [1994, Katz and Autor [1999], Blundell and Pistaferri [2003], Gyourko and Tracy [2003], Storesletten et al [2004], , Krueger and Perri [2006], , Davis and Kahn [2008], Gordon and Dew-Becker [2008], Keys [2008], Primiceri andvanRens [2009], Heathcote [2009]. 11 It is possible to come up with examples where inequality is rising in the society, but volatility is zero or unchanged, and vice versa.…”

mentioning

confidence: 99%

Did Household Consumption Become More Volatile?

Gorbachev

2011

American Economic Review

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I show that after accounting for predictable variation arising from movements in real interest rates, preferences and income shocks, liquidity constraints and measurement errors, volatility of household consumption in the US increased by 23.5 percent between 1970 and 2004. The increase was lower than that of volatility of family income.However, nonwhite households and household with less than 13 years of education, for whom there was no differential increase in income volatility, experienced significantly larger increase in volatility of household consumption. The effect of race and education remained significant even after income, working history, marital status, family size and composition were controlled for. Substantial differences in wealth and access to credit markets point to the main reason for this divide. Pretis for their excellent research assistance, and the University of Edinburgh for its financial support.

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“…Ao menos em duas perspectivas: de um lado, a recorrência do desemprego 911 tende a pressionar negativamente os salários, ao enfraquecer o poder de barganha dos trabalhadores 10 com a destruição de empregos de certos segmentos de ocupações ou setores de atividade econômica (Galbraith, 2008). De outro, a reorganização da estrutura ocupacional em termos de qualificação e maior heterogeneidade dos contratos de trabalho deve se associar a alterações na estrutura de salários (Gordon;Dew-Becker, 2008).…”

Section: A Desigualdade No Mercado De Trabalhounclassified

Os países desenvolvidos e a desigualdade econômica

Dedecca

2012

Econ. soc.

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ResumoO objetivo deste ensaio é explorar o tema da desigualdade econômica a partir das distribuições de renda disponível e de patrimônio nos países desenvolvidos e, de modo mais detalhado, nos Estados Unidos. A análise explora o aumento da desigualdade enquanto resultado das transformações da sociedade capitalista ocorridas nos últimos quase 40 anos, que provocaram uma desvalorização dos salários acompanhada de uma maior financeirização da renda associada à dinâmica da riqueza, isto é, do patrimônio detido por certas parcelas das populações desses países. Ele adota uma perspectiva de análise de natureza estrutural, entendendo que o aumento da desigualdade que a crise atual poderá carregar deve ser visto como parte do processo de sua ampliação produzida pelas transformações ocorridas na sociedade capitalista desenvolvida ao longo dos últimos quase 40 anos. Nestes últimos 40 anos, o capitalismo desenvolvido conheceu um processo de sistemática reorganização econômica, social e política de suas estruturas produtivas, das instituições de representação e regulação e da dinâmica da acumulação de capital. A desigualdade deve ser entendida como transformação, que teve a financeirização como instrumento relevante para a modificação da distribuição de renda.Palavras-chave: Desigualdade; Distribuição de renda; Desenvolvimento capitalista; Países desenvolvidos; Regulação social. AbstractThe developed countries and economic inequality This essay debates the theme of economic inequality from the distribution of disposable income and wealth in developed countries and especially in the United States. The analysis explores the increase in inequality as a result of the transformation of capitalist society have occurred over the past forty years, which led to a devaluation of wages accompanied by greater financialization of income linked to the dynamics of wealth, i.e. the assets held by certain portions of the populations these countries. It adopts an analytical perspective of structural nature, meaning that the increase in inequality that can load the current crisis should be seen as part of its expansion produced by the transformations in capitalist society developed over the past forty years. Over this period, developed capitalism experienced a systematic process of reorganizing the economic, social and politics of their productive structures, * Trabalho recebido em 2 de agosto de 2010 e aprovado em 9 de setembro de 2011. Este ensaio é parte de um estudo mais amplo sobre desigualdade no Brasil, estruturado em cinco documentos com os enfoques seguintes: (1) desenvolvimento capitalista e a inevitável recorrência da desigualdade; (2) desigualdade, mas de qual falamos?; (3) a desigualdade econômica nos países da OECD; (4) desenvolvimento, instituições e desigualdade -possibilidades metodológicas de mensuração multidimensional; (5) uma abordagem multidimensional da desigualdade brasileira.

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Controversies about the Rise of American Inequality: A Survey

Cited by 82 publications

References 82 publications

The Geography of Inequality: Difference and Determinants of Wage and Income Inequality across US Metros

The Geography of Inequality: Difference and Determinants of Wage and Income Inequality across US Metros

Did Household Consumption Become More Volatile?

Os países desenvolvidos e a desigualdade econômica

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