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Synopsis
The Economics of Rising Inequalities brings together work by leading economists on the rise of inequality in the United States and some European countries that has been observed in the last two decades. These contributions are both theoretical and empirical, and address topics such as the role of organizational change at the firm level, the political economy of inequality and redistributive institutions, the contribution of search and matching and segregation by skills, and new empirical evidence on the underlying anatomy of inequality.
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About the Author
Edited by Daniel Cohen, Professor of Economics, University of Paris I/Ecole normale supérieure, Thomas Piketty, Director of Studies, Department of Economics, EHESS, and Gilles Saint-Paul, Professor, Department of Economics, Université des Sciences Sociales, Toulouse
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Economics of Rising Inequalities
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The Economics of Rising Inequalities (eng)
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The Economies of Rising Inequalities
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Economics of Rising Inequalities
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The Economics of Rising Inequalities
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Paperback. Condition: New. This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. Both the 'fundamentalist' view and the 'institutionalist' view have some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (the inequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends support to the institutionalist view.The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue that institutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions. Seller Inventory # LU-9780198727736
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The Economics of Rising Inequalities (Paperback)
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Paperback. Condition: new. Paperback. This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions.Both the 'fundamentalist' view and the 'institutionalist' viewhave some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (theinequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends supportto the institutionalist view.The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue thatinstitutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions. This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. It includes both theoretical and empirical contributions. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780198727736
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The Economies of Rising Inequalities
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The Economies of Rising Inequalities
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