Tag Archives: wealth

Income Inequality Research Paper

Income Inequality research paper Professional Custom

Regional Quantitative Analysis Research Group. Top Income Inequality in the 21st Century. Cautionary Notes Fatih Guvenen, Greg Kaplan. NBER Working Paper No. A Contextual Analysis Jimmy Szewczyk Honors Thesis POLS. Szewczyk 1 The Effects of Income Inequality on. Political Participation. It is an important indicator of equity in an economy, and has implications for. NBER Working Paper No. Assortative Mating and Income. Although theoretical models make distinct predictions about the relation between finance and income inequality, little empirical research has been. Inequality and Poverty from Anti Essays, your source for research papers, […]

Intergenerational mobility and preferences for redistribution

Americans are generally thought to view the economic system as fair and see wealth as a reward for ability and effort, while Europeans tend to believe that the economic system is unfair, and that wealth is the result of circumstances. This column tests this using new evidence on beliefs about intergenerational mobility in four European countries and the US, and confirms that Europeans do indeed tend to be overly pessimistic about moving up the social ladder compared to reality, while Americans are overly optimistic. These perceptions have important implications for how redistribution and equal opportunity policies will be received.

John […]

Economic Mobility of Black and White Families

Executive Summary and Chapter

The dream that one can rise up from humble beginnings and achieve a comfortable middle-class living, if not attain great wealth, transcends racial lines. But is this a reality for black and white families alike?
This report, by Julia Isaacs of The Brookings Institution, reviews overall income trends based on Census Bureau data and provides an intergenerational analysis based on a longitudinal data set that allows a direct match of the family income of parents in the late 1960s to their children’s family income in the late 1990s to early 2000s. 1 In brief, […]

In search of the elusive American Dream

Illustration: Glen Le Lievre

Recent political shocks – Brexit, Trump and the failure of Theresa May – are prompting much soul-searching and rethinking among the world’s leading economists.

Last week, for instance, Ben Bernanke, former chairman of the US Federal Reserve, gave a speech to a forum of the European Central Bank in which he admitted that "recent political events" had "cast a bright light on some disturbing economic and social trends in the United States".

"Unfortunately, policymakers in recent decades have been slow to address or even to recognise these trends, an error of omission that has helped fuel the voters’ backlash," he said."If […]

Is the American dream being hoarded? A short-read Q&A with Richard Reeves

Though the 1% typically draw the most ire, Richard Reeves of the Brookings Institution argues it is the top 20% providing more reason to worry. Richard and I discussed this and his recent book “Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It.” To listen to our conversation, head on over to Ricochet . The full length version of this abbreviated transcript can be found here . Via Twenty20. PETHOKOUKIS: The dream hoarders. Who is doing the hoarding and what is being […]

A tale of two Canadas: Where you grew up affects your income in adulthood

In Canada, geography is destiny: Your financial future, to a surprisingly large degree, depends on the place in Canada where you happen to grow up.

That reality is revealed on this map and our accompanying set of interactive graphics, produced using a new analysis of millions of Canadians’ income data , the result of years of work by economist Miles Corak.

His study charts intergenerational economic mobility – that is, the chance that people who spent their childhood in that location ended up, as adults, higher on the income and economic-status ranking than their parents. If a region is bright green, […]

Toxic Inequality: How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future

Toxic Inequality, Bending Arc to Justice

3 winners will be randomly selected after the giveaway ends. All winners will be notified by email and will have 48 hours to respond.

This giveaway started July 5, 2017 5:13 PM PDT and ends July 12, 2017 11:59 PM PDT. “Everyone concerned about the toxic effects of inequality must read this book.”–Robert B. Reich”This is one of the most thought-provoking books I have read on economic inequality in the US.”–William Julius WilsonSince the Great Recession, most Americans’ standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality’s impact […]

Neal Milner: You And I Are The Main Causes Of Inequality In America

Kakaako Condos Real Estate Honolulu . 17 april 2017

The 1 percent is not the main cause of inequality in America. You and I are.

More precisely, the culprits are the top 20 percent, which, as the economist Richard Reeves writes in his new book about the upper middle class, includes “you and me.” (“ Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It”)

It does include myself and most of my friends. You could very well be saying the same about yourself.This top 20 percent may not be posh, but they are […]

GOBERNAR PARA LAS ÉLITES Secuestro democrático y desigualdad económica


Viviendas de las clases medias acomodadas se elevan sobre las comunidades hacinadas en Lucknow, India. Foto: Tom Pietrasik/Oxfam

La desigualdad económica crece rápidamente en la mayorÃa de los paÃses.La riqueza mundial está dividida en dos: casi la mitad está en manos del1% más rico de la población, y la otra mitad se reparte entre el 99%restante. El Foro Económico Mundial considera que esta desigualdadsupone un grave riesgo para el progreso de la humanidad. La desigualdadeconómica extrema y el secuestro de los procesos democráticos por partede las élites son demasiado a menudo interdependientes. La falta decontrol en las instituciones polÃticas produce […]

What income inequality looks like across Australia

What income inequality looks like across Australia

With affordable houses increasingly out of reach , wage growth slow and household debt high , Australians are certainly feeling poor. But how do they compare to their neighbours? New Census data confirms there’s a lot of variability in income.

The Census breaks the country up into 349 geographic regions (named in quote marks below), some of which cover more than one major town and some of which group related suburbs within cities. We examined 331 of these regions, excluding those containing fewer than 1,000 households.

The data show there are high levels of income inequality within these regions. A simple […]