Description
Book SynopsisInequality has been rising in many countries over the last decades and the process seems to have accelerated with the Great Recession. Not only is income distribution more unequal today than 40 years ago, but also its transmission through generations has increased. In other words, many countries no longer experience upward economic mobility as was prevalent in the past. Research in Labor Economics volume 43 contains new and innovative research on the causes and consequences of inequality. Topics include the way inequality is measured, the level of equal opportunities across countries, the impact of education, the effect of changing occupational structure, the consequences of changing productivity within the firm, the roles of stagnating average real wages, the decline of union membership, the effect of maternal labor supply on labor market outcomes of their children, and the link between income inequality and health.
Trade ReviewResearchers from Europe, the US, Japan, and Australia present 11 essays on the causes and consequences of income inequality. They address how inequality is measured, the level of equal opportunities across countries, the role of education, the effect of changing occupational structure, the consequences of changing productivity within a firm, the role of stagnating average real wages, the decline of union membership, the effect of maternal labor supply on labor market outcomes of children, the contribution of intergenerational transmission of skills to the black/white earnings gap, and the link between income inequality and health. -- Annotation * (protoview.com) *
Table of ContentsInequality of Opportunity in Europe: Is There a Role for Institutions? - Daniele Checchi, Vito Peragine and Laura Serlenga Household Lifetime Inequality Estimates in the U.S. Labor Market - Luca Flabbi, James Mabli and Mauricio Salazar Estimating the Intergenerational Elasticity and Rank Association in The United States: Overcoming the Current Limitations of Tax Data - Bhashkar Mazumder Income Shocks or Insurance – What Determines Consumption Inequality? - Johannes Ludwig The Role of Establishments and the Concentration of Occupations in Wage Inequality - Elizabeth Weber Handwerker and James R. Spletzer Inequality and Changes in Task Prices: Within and Between Occupation Effects - Nicole Fortin and Thomas Lemieux Intergenerational Transmission of Skills and Differences in Labor Market Outcomes for Blacks and Whites - Tsunao Okumura and Emiko Usui The College Wage Premium Over Time: Trends In Europe in the Last 15 Years - Elena Crivellaro Rising Wage Inequality, Real Wage Stagnation and Unions - Stephen Machin Is There an Advantage to Working? The Relationship Between Maternal Employment and Intergenerational Mobility - Martha H. Stinson and Peter Gottschalk Does Income Inequality in Early Childhood Predict Self-Reported Health in Adulthood? A Cross-National Comparison of the United States and Great Britain - Richard V. Burkhauser, Markus H. Hahn, Dean R. Lillard and Roger Wilkins
