Income and Wealth

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Author :
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313063559
Total Pages : 246 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Income and Wealth by : Alan Reynolds

Download or read book Income and Wealth written by Alan Reynolds and published by Bloomsbury Publishing USA. This book was released on 2006-09-30 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why some people are rich and others poor can be explained in a number of ways. Income and Wealth focuses on who gets what and why. It explains the dynamics of income generation, how it is measured, and how such dramatic disparities in distribution come about. The book first defines various characteristics of income, with an emphasis on the gap between the rich and the poor, and reviews several theories to explain the disparities. Subsequent chapters discuss such timely topics as the vanishing middle class and the sky-high salaries of CEOs, Hollywood stars, and athletes. The final chapters consider the implications of policies, such as the minimum wage, taxes, immigration, and trade quotas, and expand the discussion to consider international comparisons. Featuring graphs and charts, a glossary of key terms, and a listing of references and resources, Income and Wealth explains the intricate, and often controversial, effects of economic policies on individuals, families, and communities. Moreover, it shows how the numbers can be manipulated by policymakers, pundits, journalists, and academics to promote various agendas—and shows readers how to recognize hyberbole and make better-informed decisions.

The Color of Wealth

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Publisher : The New Press
ISBN 13 : 1595585621
Total Pages : 336 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis The Color of Wealth by : Barbara Robles

Download or read book The Color of Wealth written by Barbara Robles and published by The New Press. This book was released on 2006-06-05 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: For every dollar owned by the average white family in the United States, the average family of color has less than a dime. Why do people of color have so little wealth? The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that benefit white Americans. This accessible book—published in conjunction with one of the country’s leading economics education organizations—makes the case that until government policy tackles disparities in wealth, not just income, the United States will never have racial or economic justice. Written by five leading experts on the racial wealth divide who recount the asset-building histories of Native Americans, Latinos, African Americans, Asian Americans, and European Americans, this book is a uniquely comprehensive multicultural history of American wealth. With its focus on public policies—how, for example, many post–World War II GI Bill programs helped whites only—The Color of Wealth is the first book to demonstrate the decisive influence of government on Americans’ net worth.

Income, Wealth, and the Maximum Principle

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Publisher : Harvard University Press
ISBN 13 : 0674045076
Total Pages : 352 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Income, Wealth, and the Maximum Principle by : Martin L. Weitzman

Download or read book Income, Wealth, and the Maximum Principle written by Martin L. Weitzman and published by Harvard University Press. This book was released on 2009-07-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models. This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth? The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.

Income and Wealth

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Publisher : Waterside Productions
ISBN 13 : 9781951805906
Total Pages : 248 pages
Book Rating : 4.8/5 (59 download)

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Book Synopsis Income and Wealth by : David Parker

Download or read book Income and Wealth written by David Parker and published by Waterside Productions. This book was released on 2021-02-16 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: For 40 years, David Parker served as a teacher in San Francisco's inner-city schools. Unlike most of his colleagues, however, he did not place his faith and his future in the teachers' union or the government. Instead, he simultaneously became a real estate investor and entrepreneur, as well as a jazz musician. As Parker jokingly says, "I have 150 years of experience." His financial journey has been very successful. A perennial student as well as a teacher, to write "Income and Wealth," Parker went back to school to study math, finance and economics. It became clear that individual responsibility and initiative are essential keys to financial success, and that government regulation of important sectors of life including healthcare and education will always be a recipe for disaster. Parker's message is a positive one. He not only assures readers that financial independence is possible, regardless of annual income, but he provides a step-by-step plan for achieving this desirable goal. "Income and Wealth" will provide readers with thought-provoking insights into the way the economy really works. It is scholarly writing in political economy, yet provides useful insights into financial decision-making on a daily basis.

Income and Wealth Distribution, Inequality and Poverty

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Publisher : Springer Science & Business Media
ISBN 13 : 364284250X
Total Pages : 427 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Income and Wealth Distribution, Inequality and Poverty by : Camilo Dagum

Download or read book Income and Wealth Distribution, Inequality and Poverty written by Camilo Dagum and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the following issues: the analysis, estimation and assessment of alternatived models of income distribution, the specification and evaluation of income inequality measures the analysis and measurement of poverty and its rationale, the scope and methodological power of the social accounting matrix (SAM) in the analysis of the functional and personal distribution of income and the family income multiplier, the study of the source and reliability of income distribution data, the decomposition of income inequality measures, the asymptotic distributions and inferential analysis of income inequalities, and an inquiry on the income distribution and income inequality of Eastern European Countries under socialism. New models on income and wealth distribution are specified and their corresponding properties and goodness of fit are discussed. A multivariate approach to the measurement of poverty is developed and applied, and a compact survey of the literature is presented. The book can be used as a text in advanced undergraduate and graduate courses dealing with the theory, model specifications, methods and applications of income and wealth distribution, income inequality and poverty assessment in measurement and the use of SAMs in the analysis of income distribution.

Econophysics of Income and Wealth Distributions

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Publisher : Cambridge University Press
ISBN 13 : 1107013445
Total Pages : 225 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Econophysics of Income and Wealth Distributions by : Bikas K. Chakrabarti

Download or read book Econophysics of Income and Wealth Distributions written by Bikas K. Chakrabarti and published by Cambridge University Press. This book was released on 2013-03-07 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first monograph in econophysics focussed on the analyses and modelling of these distributions, ideal for physicists and economists.

Income Inequality and the Fight Over Wealth Distribution

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Publisher : Lerner Publications TM
ISBN 13 : 1728447208
Total Pages : 32 pages
Book Rating : 4.7/5 (284 download)

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Book Synopsis Income Inequality and the Fight Over Wealth Distribution by : Elliott Smith

Download or read book Income Inequality and the Fight Over Wealth Distribution written by Elliott Smith and published by Lerner Publications TM. This book was released on 2022-01-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audisee® eBooks with Audio combine professional narration and sentence highlighting for an engaging read aloud experience! In America, the amount of money people earn for doing the same job isn't always equal. The United States only recently made it illegal to pay men more than women for the same job, and the country's history of racism has created big wealth gaps between white and Black people that persist in the twenty-first century. Learn how income inequality originated, why it is a problem, and the ways people are fighting for an equal playing field. Read WokeTM Books are created in partnership with Cicely Lewis, the Read Woke librarian. Inspired by a belief that knowledge is power, Read Woke Books seek to amplify the voices of people of the global majority (people who are of African, Arab, Asian, and Latin American descent and identify as not white), provide information about groups that have been disenfranchised, share perspectives of people who have been underrepresented or oppressed, challenge social norms and disrupt the status quo, and encourage readers to take action in their community.

Inequality of Opportunity

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Publisher : Emerald Group Publishing
ISBN 13 : 1780520344
Total Pages : 259 pages
Book Rating : 4.7/5 (85 download)

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Book Synopsis Inequality of Opportunity by : Juan Gabriel Rodríguez

Download or read book Inequality of Opportunity written by Juan Gabriel Rodríguez and published by Emerald Group Publishing. This book was released on 2011-10-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eight papers, both theoretical and applied, on the concept of equality of opportunity which says that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort.

Income Inequality

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Publisher : Org. for Economic Cooperation & Development
ISBN 13 : 9789264246003
Total Pages : 120 pages
Book Rating : 4.2/5 (46 download)

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Book Synopsis Income Inequality by : Brian Keeley

Download or read book Income Inequality written by Brian Keeley and published by Org. for Economic Cooperation & Development. This book was released on 2015-12-21 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Causes and Consequences of Income Inequality

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 33 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms. Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms. Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Income Inequality

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Author :
Publisher : Stanford University Press
ISBN 13 : 0804786755
Total Pages : 541 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Income Inequality by : Janet C. Gornick

Download or read book Income Inequality written by Janet C. Gornick and published by Stanford University Press. This book was released on 2014-08-01 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This state-of-the-art volume presents comparative, empirical research on a topic that has long preoccupied scholars, politicians, and everyday citizens: economic inequality. While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature. Written by leading scholars in the field of economic inequality, all 17 chapters draw on microdata from the databases of LIS, an esteemed cross-national data center based in Luxembourg. Using LIS data to structure a comparative approach, the contributors paint a complex portrait of inequality across affluent countries at the beginning of the 21st century. The volume also trail-blazes new research into inequality in countries newly entering the LIS databases, including Japan, Iceland, India, and South Africa.

Distribution of Income and Wealth in Ontario

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Publisher : University of Toronto Press
ISBN 13 : 1442633387
Total Pages : 400 pages
Book Rating : 4.4/5 (426 download)

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Book Synopsis Distribution of Income and Wealth in Ontario by : Charles M. Beach

Download or read book Distribution of Income and Wealth in Ontario written by Charles M. Beach and published by University of Toronto Press. This book was released on 1981-12-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distribution analysis has advanced remarkably in recent years, and this is a valuable application of its principles to a Canadian context. The book provides an extensive survey of recent literature and a new source of income and wealth distribution data for Ontario, drawn from newly available microdata sets. It also presents an evaluation of the data as a basis for measuring inequality in the distribution of economic and well-being. The empirical results illustrate how incomes vary significantly with age according to labour market attachment and experience, educational attainment and occupation, transfer receipts, and investment benefits. Similarly, strong age effects on net worth account reflect life-cycle patterns in asset holdings and debts typically associated with family investment in housing and financial adjustments for retirement. Differences in family size and composition have a substantial effect on the structure of family economic well-being. The inequality effects of adjusting for accrued capital gains and net worth holdings can also be quite significant. It is found that the distributional effects of CPP net benefits are considerable, although they are not as equalizing as one may have expected because of marked cohort effects. The detailed findings suggest that the life-cycle framework is a very useful one for evaluating the distributional effects of certain government programs, particularly intertemporal ones, and they underline the need for a range of different types of policies to address low income problems. The study urges greater recognition of the inequality of treatment and opportunity among different groups of the population. It also points out that conventional income distribution figures are only very imperfect estimates of the state of inequality in the underlying distribution of economic well-being.

Capital in the Twenty-First Century

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Publisher : Harvard University Press
ISBN 13 : 0674979850
Total Pages : 817 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Capital in the Twenty-First Century by : Thomas Piketty

Download or read book Capital in the Twenty-First Century written by Thomas Piketty and published by Harvard University Press. This book was released on 2017-08-14 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Top Incomes

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Publisher : OUP Oxford
ISBN 13 : 0191500887
Total Pages : 800 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Top Incomes by : A. B. Atkinson

Download or read book Top Incomes written by A. B. Atkinson and published by OUP Oxford. This book was released on 2010-04-01 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rapidly growing area of economic research investigates the top of the income distribution using data from income tax records. This volume brings together studies of top incomes for twelve countries from around the world, including China, India, Japan, Argentina and Indonesia. Together with the first volume, published in 2007, the studies cover twenty two countries. They have a long time span, the earliest data relating to 1875 (for Norway), allowing recent developments to be placed in historical perspective. The volume describes in detail the source data and the methods employed. It will be an invaluable reference source for researchers in the field. Individual country chapters deal with the specific nature of the data for each of the countries, and describe the long-term evolution of top income shares. In the countries as a whole, dramatic changes have taken place at the top of the income distribution. Over the first part of the century, top income shares fell markedly. This largely took the form of a reduction in capital incomes. The different authors examine the impact of the First and Second World Wars, contrasting countries that were and were not engaged. They consider the impact of depressions and banking crises, and pay particular attention to the impact of progressive taxation. In the last 30 years, the shares of top incomes have increased markedly in the US and other Anglo-Saxon countries, reflecting the increased dispersion of earnings. The volume includes statistics on the much-discussed top pay and bonuses, providing a global perspective that discusses important differences between countries such as the lesser increase in Continental Europe. This book, together with volume 1, documents this interesting development and explores the underlying causes. The findings are brought together in a final summary chapter by Atkinson, Piketty and Saez.

OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264194835
Total Pages : 236 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth by : OECD

Download or read book OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth written by OECD and published by OECD Publishing. This book was released on 2013-06-12 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents an internationally agreed framework to support the joint analysis of micro-level statistics on household income, consumption and wealth.

The Distribution of Wealth – Growing Inequality?

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1783476443
Total Pages : 240 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis The Distribution of Wealth – Growing Inequality? by : Michael Schneider

Download or read book The Distribution of Wealth – Growing Inequality? written by Michael Schneider and published by Edward Elgar Publishing. This book was released on 2016-11-25 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Toxic Inequality

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Publisher : Basic Books
ISBN 13 : 0465094872
Total Pages : 272 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Toxic Inequality by : Thomas M. Shapiro

Download or read book Toxic Inequality written by Thomas M. Shapiro and published by Basic Books. This book was released on 2017-03-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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 Wilson Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities--a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society.