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Internationally Known Inequality Expert Miles Corak Appointed to the Faculty of the Graduate Center, CUNY NEW YORK , Oct. 30, 2017 — Renowned economist and public policy expert Miles Corak has been appointed to the faculty of the Graduate Center of the City University of New York (CUNY) , where he will also be a senior scholar at the James M. and Cathleen D. Stone Center on Socio-Economic Inequality .Corak is currently a full professor of economics at the University of Ottawa and the economist […]
View Original: Inequality Expert Miles Corak Appointed to the GC Faculty
(Editor’s Note: This story is part of a partnership between Next Avenue and Chasing the Dream , a public media initiative on poverty and opportunity.)
As Next Avenue has noted , there are huge wealth and income disparities between blacks and whites in America (average wealth of white families was more than $500,000 higher than African Americans in 2013 and whites in 2015 earned $25.22 an hour, on average, compared with $18.49 for blacks). But what accounts for the huge labor market disparities between blacks and whites, such as an unemployment rate that’s been roughly twice as high for […]
View Original: How to Fix Racial Inequities in the Workplace
– A Global Ranking of Almost 28,000 Colleges Places QC in the Top 5% on Quality of Education and Faculty, Alumni Employment —
FLUSHING, NY, October 24, 2017—The results of a recent Stanford University study, as reported on in the Chronicle of Higher Education, provide insight into how well Queens College is propelling students up the economic ladder. The Chronicle’s list is drawn from Mobility Report Cards: The Role of Colleges in Intergenerational Mobility , the widely reported study in which a team led by Stanford economics professor Raj Chetty assessed colleges’ impact on social mobility. In a global […]
View Original: The Chronicle of Higher Ed Ranks Queens College Among Top Ten Public U.S. Colleges for Upward Social and Economic Mobility
Governments have come to recognize that income inequality hinders economic growth. How policy-makers will support inclusive growth remains to be seen.
Conventional wisdom on the relationship between economic growth and inequality has been turned on its head in recent years. The world’s leading economic institutions — the OECD, the World Economic Forum, the International Monetary Fund and the European Commission — no longer conceive of growth and social inclusion as unrelated policy goals. Indeed, each of them has endorsed in one form or another an inclusive growth agenda that “can create opportunities for all segments of the population and […]
View Original: What shape will an inclusive growth agenda take in Canada?
Disadvantages in health, education, employment and earnings are main dimensions of inequality over life course, says report. Younger generations have been experiencing more unstable labour market conditions and widening inequalities, Organization for Economic Co-operation and Development (OECD) said on Wednesday.
This contributes to widening inequality in old age, while socio-economic disparities in health status remain large, according to a report released by OECD.
“Ageing unequally is detrimental to future economic growth, particularly where inequality of opportunity locks in privilege or exclusion, undermining intergenerational social mobility and jeopardising social cohesion,” the report said.Defining ageing unequally phenomenon as an inequality that develops throughout […]
View Original: Youth Likely to Face Higher Inequality in Old Age: OECD
Melissa S. Kearney : How Should Governments Address Inequality? : "In 2014, an unusual book topped bestseller lists around the world: Capital in the Twenty-first Century … …an 816-page scholarly tome by the French economist Thomas Piketty that examined the massive increase in the proportion of income and wealth accruing to the world’s richest people. Drawing on an unprecedented amount of historical economic data from 20 countries, Piketty showed that wealth concentration had returned to a peak not seen since the early twentieth century. Today in the United States, the top one percent of households earn around 20 percent […]
View Original: Weekend Reading: Melissa Kearney: How Should Governments Address Inequality?
Wealth inequality is in the news, with our friends at IPPR pointing to just how ‘unevenly divided’ wealth is in the UK. The problem is huge: the top 10% of households are 875 times wealthier than those at the bottom.
But why is there so much focus on wealth inequality – and what’s the difference between that and income inequality?
Personal wealth means a stock of valuable possessions : anything from cash under your mattress, through shares and bonds, to the value of your house or your car. Income, on the other hand, is a flow of money you receive, […]
View Original: What’s the difference between wealth inequality and income inequality, and why does it matter?
The lowest-paid workers have seen their hourly wage rates rise by just 40p in the last decade (Image: PA) Low-paid workers saw their real hourly wage rate rise by just 40p in the last 10 years, a shock report reveals today.
Grafters “trapped” in poorly-paid jobs were unable to “escape” an “endemic, vicious” low-wage cycle, according to experts.
A Resolution Foundation study for the Social Mobility Commission outlines how only one in six low-paid workers (17%) managed to permanently escape low pay in the past decade.A quarter of low-paid workers remained permanently stuck in low pay and nearly half (48%) moved […]
View Original: Low-paid workers have seen their hourly rate go up by just 40p in 10 years, says shock report
City University of New York campuses made a strong showing among colleges with the highest mobility rates, a measure of the percentage of all students in a birth cohort at a particular college whose parents were in the bottom 20 percent for household income, and who reached the top 20 percent for individual earnings. Seven CUNY campuses were in the top 10 for mobility rates among four-year public colleges, and five CUNY campuses were in the top 10 among two-year public colleges. Five historically black colleges and universities ranked in the top 40 for mobility rates among four-year private […]
View Original: Colleges With the Highest Student-Mobility Rates, 2014
Y ounger generations have been experiencing more unstable labor market conditions and widening inequalities, the Organization for Economic Cooperation and Development said on Wednesday.
This contributes to widening inequality in old age, while socio-economic disparities in health status remain large, Anadolu Agency quoted OECD as saying.
“Ageing unequally is detrimental to future economic growth, particularly where inequality of opportunity locks in privilege or exclusion, undermining intergenerational social mobility and jeopardizing social cohesion,” the report said.Defining ageing as an unequal phenomenon that develops throughout the life course and materializes in old age, it said: “It is often the result of specific episodes […]
View Original: OECD: Youth Likely to Face Higher Inequality in Old Age