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Inequality

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Full-Text Articles in Social and Behavioral Sciences

Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein Mar 2018

Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein

Timothy J. Bartik

Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income backgrounds. For individuals whose family income in high school was above 1.85 times the poverty level, we estimate that career earnings for bachelor’s graduates are 136 percent higher than earnings for those whose education stopped at high school. However, for individuals whose family income during high school was below 1.85 times the poverty level, the career …


Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein Mar 2018

Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein

Brad J. Hershbein

Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income backgrounds. For individuals whose family income in high school was above 1.85 times the poverty level, we estimate that career earnings for bachelor’s graduates are 136 percent higher than earnings for those whose education stopped at high school. However, for individuals whose family income during high school was below 1.85 times the poverty level, the career …


Inequality, Boom, And Bust: From Billionaire Capitalism To Equality And Full Employment, Howard J. Sherman, Paul Sherman Mar 2018

Inequality, Boom, And Bust: From Billionaire Capitalism To Equality And Full Employment, Howard J. Sherman, Paul Sherman

HOWARD J SHERMAN

There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the wealth. This book develops a viewpoint contrary to the prevailing conservative paradigm, setting out both reasons for this inequality and the impact of this. To explain inequality, conservative economists focus on individual characteristics such as intelligence and hard work. This book puts forward new evidence to show that changes in economic inequality are primarily …


Inequality, Boom, And Bust: From Billionaire Capitalism To Equality And Full Employment, Howard J. Sherman, Paul Sherman Mar 2018

Inequality, Boom, And Bust: From Billionaire Capitalism To Equality And Full Employment, Howard J. Sherman, Paul Sherman

HOWARD J SHERMAN

There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the wealth. This book develops a viewpoint contrary to the prevailing conservative paradigm, setting out both reasons for this inequality and the impact of this. To explain inequality, conservative economists focus on individual characteristics such as intelligence and hard work. This book puts forward new evidence to show that changes in economic inequality are primarily …


Interview: "Agents Of Inequality—How Wealth Managers To The Super Rich Undermine Society And What We Can Do About It", Chuck Collins Jun 2017

Interview: "Agents Of Inequality—How Wealth Managers To The Super Rich Undermine Society And What We Can Do About It", Chuck Collins

Brooke Harrington

Interview with Chuck Collins about Capital without Borders and the role of wealth management in increasing inequality worldwide.


Legal Attitudes Of Immigrant Detainees, Emily Ryo Feb 2017

Legal Attitudes Of Immigrant Detainees, Emily Ryo

Emily Ryo

A substantial body of research shows that people’s legal attitudes can have wide-ranging behavioral consequences.  In this paper, I use original survey data to examine long-term immigrant detainees’ legal attitudes.  I find that the majority of detainees express a felt obligation to obey the law, and do so at a significantly higher rate than other U.S. sample populations.  I also find that the detainees’ perceived obligation to obey U.S. immigration authorities is significantly related to their evaluations of procedural justice, as measured by their assessments of fair treatment while in detention.  This finding remains robust controlling for a variety of …


Financialization, Credit And Inequality, Basak Kus Apr 2016

Financialization, Credit And Inequality, Basak Kus

BASAK KUS

No abstract provided.


Health Inequality: What Counselors Need To Know To Act, D. Jones, M. Tang Dec 2015

Health Inequality: What Counselors Need To Know To Act, D. Jones, M. Tang

David E. Jones

The United States is known as the land of opportunity. Many have immigrated to the United States hoping to find a better future. Among the developed countries, the United States is ranked 29th for inequality (Bezruchka, 2012). Furthermore, the gap has widened over the past decade (Blank, 2011). An individual’s social position can reveal much about their health trajectory. This social position is associated with an individual’s context—place matters (Subramanian, Jones, & Duncan, 2003). This paper examines the consequences of inequality that bring about persistent poor health outcomes using ecological counseling theory, Pierre Bourdieu’s theory, social determinants of health …


Sådan Slipper De Ultra-Rige For Skat, Kreditorer Og Dyre Skilsmisser, Tor Johannesson Nov 2015

Sådan Slipper De Ultra-Rige For Skat, Kreditorer Og Dyre Skilsmisser, Tor Johannesson

Brooke Harrington

Feature article on my wealth management research in Denmark's leading business newspaper.


Cats And Dogs And Humans, Poem 11/23/2015, Charles Kay Smith Nov 2015

Cats And Dogs And Humans, Poem 11/23/2015, Charles Kay Smith

Charles Kay Smith

Thoughts on science, inequality and the economy


Life Is Unfair In Latin America, But Does It Matter For Growth?, Luisa Blanco Sep 2015

Life Is Unfair In Latin America, But Does It Matter For Growth?, Luisa Blanco

Luisa Blanco

I analyze the effect of inequality on economic growth in Latin America, where inequality is measured as the area of family farms as a percentage of the total area of agricultural holdings. Using data from 18 Latin American countries between 1960 and 2004, I find that inequality has a nonlinear effect on economic growth. Overall, for the countries included in this analysis, the share of family farms has a positive significant effect on economic growth. These findings are robust to controlling for several factors, using a different indicator of inequality (land Gini), and addressing for endogeneity.


Decomposing Ldc Inequality, Gary S. Fields Sep 2015

Decomposing Ldc Inequality, Gary S. Fields

Gary S Fields

[Excerpt] At the present time, there is great interest among development economists in the problem of economic inequality in less developed countries (LDCs). Studies of the determinants of inequality follow either of two general approaches. The more traditional approach is associated with names like Kuznets (1963), Chenery and associates (1960, 1968, 1975), Adelman and Morris (1973), Ahluwalia (1976) and Chiswick (1971). These studies share a common methodology, consisting basically of looking at a cross-section of countries, and (1) measuring the degree of inequality in each, (2) measuring other characteristics of each country (e.g., level of GNP, its rate of growth, …


Changes In Poverty And Inequality In Developing Countries, Gary S. Fields Sep 2015

Changes In Poverty And Inequality In Developing Countries, Gary S. Fields

Gary S Fields

This paper presents new data on poverty, inequality, and growth in those developing countries of the world for which the requisite statistics are available. Economic growth is found generally but not always to reduce poverty. Growth, however, is found to have very little to do with income inequality. Thus the "economic laws" linking the rate of growth and the distribution of benefits receive only very tenuous empirical support here.


Workplace Dignity: Communicating Inherent, Earned, And Remediated Dignity, Kristen Lucas Jun 2015

Workplace Dignity: Communicating Inherent, Earned, And Remediated Dignity, Kristen Lucas

Kristen Lucas

Extant research on dignity at work has revealed conditions that contribute to indignity, employees’ responses to dignity threats, and ways in which employees’ inherent dignity is undermined. But while dignity – and specifically indignity – is theorized as a phenomenon subjectively experienced and judged by individuals, little research has privileged workers’ own perspectives. In this study, working adults reveal how they personally experience and understand meanings of dignity at work. I describe three core components of workplace dignity and the communicative exchanges through which dignity desires commonly are affirmed or denied: inherent dignity as recognized by respectful interaction, earned dignity …


Income Inequality, Credit And Public Support For Redistribution, Basak Kus, Wen Fan Jun 2015

Income Inequality, Credit And Public Support For Redistribution, Basak Kus, Wen Fan

BASAK KUS

No abstract provided.


The Piketty Observation Against The Institutional Background: How Natural Is This Natural Tendency And What Can We Do About It?, Karl Widerquist May 2015

The Piketty Observation Against The Institutional Background: How Natural Is This Natural Tendency And What Can We Do About It?, Karl Widerquist

Karl Widerquist

Thomas Piketty’s recent book, Capital in the Twenty-First Century, provides a great deal of empirical support for the observation that the rate of return on capital (r) is greater than the growth rate of the economy as a whole (g); i.e. “r > g”. From this observation, Piketty derives two important insights: entrepreneurs eventually become rentiers, and except during unusual circumstances, inequality tends to rise over time. This paper views Piketty’s observation against the institutional setting that has prevailed over the period of his study and makes two additional observations. First, whether Piketty’s two insights follow from his observation …


Home Prices And Inequality: Singapore Versus Other 'Global Superstar Cities', S Y Phang Apr 2015

Home Prices And Inequality: Singapore Versus Other 'Global Superstar Cities', S Y Phang

PHANG Sock Yong

No abstract provided.


Superstar Cities, Inequality And Housing Policy, S Y Phang Mar 2015

Superstar Cities, Inequality And Housing Policy, S Y Phang

PHANG Sock Yong

Income and wealth inequality have been constantly debated, especially in recent years. Most studies, such as the recent work by Thomas Piketty, compare inequality across countries and over time. National inequality measures, however, mask considerable variations across cities within the same country. A country’s biggest and most economically dynamic cities also tend to have the largest inequality gaps. These cities – what Joseph Gyourko calls “Superstar Cities” – are also distinguished by their high housing prices. Migration in and out of cities limits the extent to which Superstar Cities can use local redistributive policies (including housing policies) to reduce inequality. …


Tourism, Development, And Inequality: The Case Of Tanzania, Abel A. Kinyondo, Riccardo Pelizzo Mar 2015

Tourism, Development, And Inequality: The Case Of Tanzania, Abel A. Kinyondo, Riccardo Pelizzo

Abel Alfred Kinyondo

For most of the post-WWII era, scholars have attempted to understand, define, and measure development. A large and growing body of work has in fact investigated its causes and the consequences and has dissented as to whether tourism represents a proper determinant of growth and development. Yet, while scholars have started investigating the contribution that tourism can make to economic growth and development from the 1970s onward, considerably less attention has been paid to assessing whether tourism-induced growth is pro-poor or not—that is, whether tourism-induced growth and development contribute to the reduction of poverty and income inequality. Building on data …


Bringing Organizations Back In: Perspectives On Service-Learning, Community Partnership And Democratic Thinking In A Voter Engagement Project, Jennifer Jackman, Tiffany Gayle Chenault, Joy Winkler Mar 2015

Bringing Organizations Back In: Perspectives On Service-Learning, Community Partnership And Democratic Thinking In A Voter Engagement Project, Jennifer Jackman, Tiffany Gayle Chenault, Joy Winkler

Tiffany Chenault

The potential of service-learning to foster democratic thinking is often unrealized. The absence of political learning in service-learning has been a subject of particular concern. Drawing on student reflections, pre- and post-test surveys and the perspectives of two faculty members and a community organizer, this article examines the ways in which a year-long, interdisciplinary voter engagement service-learning partnership between a community-based organization and a public university promoted democratic thinking and democratic action. The project helped students understand issues of inequality situated in voting rights, race and class; strengthened relationships between the community and university; and contributed to voter participation. Students …


Policy Change And Coups: The Role Of Income Inequality And Asset Specificity, Taeko Hiroi, Sawa Omori Dec 2014

Policy Change And Coups: The Role Of Income Inequality And Asset Specificity, Taeko Hiroi, Sawa Omori

Taeko Hiroi

Building on the models developed by Boix, Acemoglu, and Robinson on the relationship between economic structures and regime change, we develop a theory that emphasizes structural characteristics of societies and the effects of policy change in such circumstances. We posit that significant policy change in an unequal or asset-specific society induces coups against the incumbent political leader by the losing faction of the elites seeking to prevent or cut losses associated with the policy shifts. Our empirical analysis indicates that the risk of a coup rises considerably during a period of a significant policy change in a society with a …


(Wp 2010-06) How Do Structural And Policy Factors Affect A Country’S Probability To Achieve The Most (Or The Least) Favorable Growth Path?, Fabrizio Carmignani, Abdur Chowdhury Jul 2014

(Wp 2010-06) How Do Structural And Policy Factors Affect A Country’S Probability To Achieve The Most (Or The Least) Favorable Growth Path?, Fabrizio Carmignani, Abdur Chowdhury

Abdur R. Chowdhury

We ask which economic policies can help a country create the most favourable conditions for development. We observe that the dynamics of several development indicators can be grouped into four clusters, each cluster corresponding to a different combination of growth and changes in inequality. Based on this observation, we define four different development scenarios and use limited dependent variable regressions to study how structural and policy factors affect a country’s probability to achieve the most (or the least) favourable of these scenarios. Our results point to a comforting picture: through the choice of appropriate policies countries can effectively increase their …


The Evolution Of Poverty And Inequality In Sub-Saharan Africa Over The Period 1980-2010: What Do We (And Can We) Know Given The Data Available?, Rodrigo Garcia-Verdu Mar 2014

The Evolution Of Poverty And Inequality In Sub-Saharan Africa Over The Period 1980-2010: What Do We (And Can We) Know Given The Data Available?, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

No abstract provided.


La Economía Política De La Desigualdad De Ingreso En Chile, 1850-2009, Javier E. Rodríguez Weber Dec 2013

La Economía Política De La Desigualdad De Ingreso En Chile, 1850-2009, Javier E. Rodríguez Weber

Javier E. Rodríguez Weber

This dissertation studies the relationship between income inequality and the development process, considered as the sum of economic, social and political changes produced over time. It does so using the case of Chile between 1850 and 2009. Its goals are to describe the tendencies in income distribution over time, and also to explain, signalling their causes and some of their consequences. In the empirical area, the main contributions of the dissertation are the estimates of historical series of salaries, wages, and different measures of income distribution –Gini index, Theil, labour share and the income of the top 1%. To make …


The Effect Of School Finance Reforms On The Distribution Of Spending, Academic Achievement, And Adult Outcomes, C. Kirabo Jackson, Rucker C. Johnson, Claudia Persico Dec 2013

The Effect Of School Finance Reforms On The Distribution Of Spending, Academic Achievement, And Adult Outcomes, C. Kirabo Jackson, Rucker C. Johnson, Claudia Persico

C. Kirabo Jackson

Since the Coleman report, many have questioned whether public school spending affects student outcomes. The school finance reforms that began in the early 1970s and accelerated in the 1980s caused dramatic changes to the structure of K–12 education spending in the US. To study the effect of these school-finance-reform-induced changes in public school spending on long-run adult outcomes, we link school spending and school finance reform data to detailed, nationally-representative data on children born between 1955 and 1985 and followed through 2011. We use the timing of the passage of court-mandated reforms, and their associated type of funding formula change, …


“Consumption And Redistributive Politics: The Effect Of Credit And China.”, Basak Kus May 2013

“Consumption And Redistributive Politics: The Effect Of Credit And China.”, Basak Kus

BASAK KUS

No abstract provided.


Financialization And Income Inequality In Oecd Countries: 1995-2007, Basak Kus Nov 2012

Financialization And Income Inequality In Oecd Countries: 1995-2007, Basak Kus

BASAK KUS

No abstract provided.


Decomposing The Sources Of Earnings Inequality: Assessing The Role Of Reallocation, Fredrik Andersson, Elizabeth Davis, Matthew Freedman, Julia Lane, Brian Mccall, L. Kristin Sandusky Sep 2012

Decomposing The Sources Of Earnings Inequality: Assessing The Role Of Reallocation, Fredrik Andersson, Elizabeth Davis, Matthew Freedman, Julia Lane, Brian Mccall, L. Kristin Sandusky

Matthew Freedman

This paper exploits longitudinal employer-employee matched data from the U.S. Census Bureau to investigate the contribution of worker and firm reallocation to changes in earnings inequality within and across industries between 1992 and 2003. We find that factors that cannot be measured using standard cross-sectional data, including the entry and exit of firms and the sorting of workers across firms, are important sources of changes in earnings distributions over time. Our results also suggest that the dynamics driving changes in earnings inequality are heterogeneous across industries.

Lead Article in Volume 51, Issue 4 of Industrial Relations.


Social Spending, Taxes And Income Redistribution In Uruguay, Maximo Rossi, Nora Lustig, Marisa Bucheli, Florencia Amabile Sep 2012

Social Spending, Taxes And Income Redistribution In Uruguay, Maximo Rossi, Nora Lustig, Marisa Bucheli, Florencia Amabile

Maximo Rossi

How much redistribution does Uruguay accomplish through social spending and taxes? How progressive are revenue collection and social spending? A standard fiscal incidence analysis shows that Uruguay achieves a nontrivial reduction in inequality and poverty when all taxes and transfers are combined. In comparison with other five countries in Latin America, it ranks first (poverty reduction) and second (inequality reduction), and first in terms of poverty reduction effectiveness and third in terms of overall (including ransfers in kind) inequality reduction effectiveness. Direct taxes are progressive and indirect taxes are regressive. Social spending on direct transfers, contributory pensions, education and health …


Closing The Gaps? The Politics Of Maori Inequality., Evan Poata-Smith Sep 2012

Closing The Gaps? The Politics Of Maori Inequality., Evan Poata-Smith

Evan S. Te Ahu Poata-Smith

No abstract provided.