The Distribution Of Income And Wealth In Canada

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Distribution of Income and Wealth in Ontario

Author : Charles M. Beach
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.

Economic Inequality in Canada

Author : Lars Osberg
Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Inequality in Canada by : Lars Osberg

Download or read book Economic Inequality in Canada written by Lars Osberg and published by . This book was released on 1981 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Distribution of Income and Wealth in Canada in a Lifecycle Framework

Author : Ian Irvine
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (776 download)

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Book Synopsis The Distribution of Income and Wealth in Canada in a Lifecycle Framework by : Ian Irvine

Download or read book The Distribution of Income and Wealth in Canada in a Lifecycle Framework written by Ian Irvine and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in the Distribution of Household Wealth

Author : Edward N. Wolff
Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Studies in the Distribution of Household Wealth by : Edward N. Wolff

Download or read book Studies in the Distribution of Household Wealth written by Edward N. Wolff and published by . This book was released on 1993 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Well-Being of Canadians: Is there a Growing Gap?

Author : Christopher A. Sarlo
Publisher : The Fraser Institute
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Economic Well-Being of Canadians: Is there a Growing Gap? by : Christopher A. Sarlo

Download or read book The Economic Well-Being of Canadians: Is there a Growing Gap? written by Christopher A. Sarlo and published by The Fraser Institute. This book was released on 2009 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: To the extent that consumption is a fair reflection of real economic well-being, the standard of living of the top 10% is about 3.85 times that of the bottom 10%, on an adult-equivalent basis. [...] Second, the paper will examine the issue of data reliability in the context of the measurement of inequality. [...] The April 1999 report of the Auditor General of Canada pointed out that the underground economy, which it defines as any "legal transactions in goods and services that are 'hidden', resulting in the evasion of taxes," (Canada, Office of the Auditor General, 1999: 2-7) amounted to about 4.5% of GDP. [...] While all of this literature suggests that there are good reasons for concern about the reliability of the income data that researchers use to study inequality, regrettably there does not appear to be a study which compares the size of the underground economy or of unreported income over the past several decades using the same methodology. [...] Unfortunately, there is little mention of the problem of unreported income in any of the studies dealing with the measurement of income inequality in Canada cited above.

The Age of Increasing Inequality

Author : Lars Osberg
Publisher : James Lorimer & Company
ISBN 13 : 1459413148
Total Pages : 250 pages
Book Rating : 4.4/5 (594 download)

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Book Synopsis The Age of Increasing Inequality by : Lars Osberg

Download or read book The Age of Increasing Inequality written by Lars Osberg and published by James Lorimer & Company. This book was released on 2018-09-11 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada is in a new era. For 35 years, the country has become vastly wealthier, but most people have not. For the top 1%, and even more forthe top 0.1%, the last 35 years have been a bonanza. Canadians know very well that there's a huge problem. It's expressed in resistance to tax increases, concerns over unaffordable housing, demands for higher minimum wages, and pressure for action on the lack of good full time jobs for new graduates. This book documents the dramatic and rapid growth in inequality. It identifies the causes. And it proposes meaningful steps to halt and reverse this dangerous trend. Lars Osberg looks separately at the top, middle and bottom of Canadian incomes. He provides new data which will surprise, even shock, many readers. He explains how trade deals have contributed to putting a lid on incomes for workers. The gradual decline of unions in the private sector has also been a factor. On the other end of the scale, he explains the growing high salaries for corporate executives, managers, and some fortunate professionals. Lars Osberg believes that increasing inequality is bad for the country, and its unfairness is toxic to public life. But there is nothing inevitable about this, and he points to innovative measures that would produce a fairer distribution of wealth among all Canadians.

Dimensions of Inequality in Canada

Author :
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Dimensions of Inequality in Canada by :

Download or read book Dimensions of Inequality in Canada written by and published by . This book was released on 2009 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this paper, we document some features of the distribution of income, consumption and wealth in Canada using survey data from many different sources. We find that wage and income inequality has increased substantially over the last 30 years, but that much of this rise was offset by the tax and transfer system. As a result, the rise in consumption inequality has been relatively mild . We also document that wealth inequality has remained fairly stable since 1999. A comparison of our results - obtained using confidential data - suggests that while some aspects of inequality are well captured by publicly available data, others paint a drastically different picture."--Authors' abstract.

Share the Wealth!

Author : Jonathan Gauvin
Publisher : James Lorimer & Company
ISBN 13 : 1459416562
Total Pages : 210 pages
Book Rating : 4.4/5 (594 download)

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Book Synopsis Share the Wealth! by : Jonathan Gauvin

Download or read book Share the Wealth! written by Jonathan Gauvin and published by James Lorimer & Company. This book was released on 2021-05-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada is a rich country getting richer. But over the past 20 years, a huge portion of the country’s wealth increase has gone to a small handful of the super-rich. Canada’s one per cent have seen their share of Canada’s wealth grow by almost six times since 1999 to $2,203,000,000,000 USD today. Meanwhile, half of all Canadian families experience income insecurity and can’t get the support they need from ever-shrinking public services. Canada’s super-rich gained $76 billion during the 12 months after COVID-19 hit. Canadians are ready for measures that would distribute wealth more fairly, and give governments the funds to pay for pharamacare, improve long-term care, take serious climate action, implement paid sick leave and more. But the Liberal government took no serious measures in its 2021 budget to tackle this issue. Policy experts Jonathan Gauvin and Angella MacEwen show exactly how Canada’s wealth can be more fairly shared with measures that would impact only the one per cent: a wealth tax, higher taxes on the highest incomes, higher taxes on large corporations and higher taxes on big profits coming from capital gains. They also propose measures to shut down tax loopholes and tax havens and to tax web giants. This book shows how we can share the wealth so everyone will be better off — even the richest.

Aspects of Distribution of Wealth and Income

Author : Dimitris Papadimitriou
Publisher : Springer
ISBN 13 : 134923429X
Total Pages : 215 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Aspects of Distribution of Wealth and Income by : Dimitris Papadimitriou

Download or read book Aspects of Distribution of Wealth and Income written by Dimitris Papadimitriou and published by Springer. This book was released on 1994-09-12 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s, a decade of economic expansion, the rich grew richer but the poor poorer. These essays explore the disparities in wealth and income comparing the fortunes of American households with those in other industrialized nations. Demographic and structural changes, saving behaviouir, earning gaps, gender, education and race are analysed in these essays and methodological and measurement issues explored. Policies to counteract growing inequality are discussed and remedies proposed.

The Distribution of Income and Wealth in Canada

Author : Canada. Statistique Canada
Publisher :
ISBN 13 :
Total Pages : 121 pages
Book Rating : 4.:/5 (461 download)

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Book Synopsis The Distribution of Income and Wealth in Canada by : Canada. Statistique Canada

Download or read book The Distribution of Income and Wealth in Canada written by Canada. Statistique Canada and published by . This book was released on 1979 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Distribution of Wealth in Ten Countries

Author : Alan Harrison
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Distribution of Wealth in Ten Countries by : Alan Harrison

Download or read book The Distribution of Wealth in Ten Countries written by Alan Harrison and published by . This book was released on 1979 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report, comparison, wealth distribution, selected OECD countries - bibliography pp. 74 to 77 and statistical tables.

Top Incomes

Author : A. B. Atkinson
Publisher : OUP Oxford
ISBN 13 : 0191500887
Total Pages : 984 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 984 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.

Income Distribution and Economic Security in Canada

Author : Royal Commission on the Economic Union and Development Prospects for Canada
Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 (11 download)

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Book Synopsis Income Distribution and Economic Security in Canada by : Royal Commission on the Economic Union and Development Prospects for Canada

Download or read book Income Distribution and Economic Security in Canada written by Royal Commission on the Economic Union and Development Prospects for Canada and published by . This book was released on 1985 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Perspectives on Household Wealth

Author : Edward N. Wolff
Publisher : Edward Elgar Publishing
ISBN 13 : 1847203175
Total Pages : 461 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis International Perspectives on Household Wealth by : Edward N. Wolff

Download or read book International Perspectives on Household Wealth written by Edward N. Wolff and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Editor Wolff is a leading authority on income, wealth, and inequality in the US, and contributing authors are well-respected experts in their field. Overall, the research is high quality, and most papers include a substantial list of references. A plethora of data is considered, and much statistical evidence is presented. . . . A useful contribution to the literature on income distribution and wealth inequality. Recommended. E. Kacapyr, Choice The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s. International Perspectives on Household Wealth also contains new results on a number of topics, including measures and changes of wealth polarization in the US, measurement and changes of portfolio span in the US, asset holdings of low-income households in the US, and the effects of parental resources on asset holdings in Chile. Academic, government, and public policy economists in OECD countries, as well as those in so-called middle-income countries around the world, will find much to engage them within this book. It will also appeal to academics and researchers of international and welfare economics and other social scientists interested in the issue of inequality.

Poverty, Income Inequality, and Health in Canada

Author : Dennis Raphael
Publisher :
ISBN 13 : 0968853986
Total Pages : 32 pages
Book Rating : 4.9/5 (688 download)

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Book Synopsis Poverty, Income Inequality, and Health in Canada by : Dennis Raphael

Download or read book Poverty, Income Inequality, and Health in Canada written by Dennis Raphael and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

For Good Measure

Author : Joseph E. Stiglitz
Publisher : The New Press
ISBN 13 : 1620975726
Total Pages : 450 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis For Good Measure by : Joseph E. Stiglitz

Download or read book For Good Measure written by Joseph E. Stiglitz and published by The New Press. This book was released on 2019-11-19 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's leading economists weigh in with a new "dashboard" of metrics for measuring our economic and social health "What we measure affects what we do. If we focus only on material well-being—on, say, the production of goods, rather than on health, education, and the environment—we become distorted in the same way that these measures are distorted." —Joseph E. Stiglitz A consensus has emerged among key experts that our conventional economic measures are out of sync with how most people live their lives. GDP, they argue, is a poor and outmoded measure of our well-being. The global movement to move beyond GDP has attracted some of the world's leading economists, statisticians, and social thinkers who have worked collectively to articulate new approaches to measuring economic well-being and social progress. In the decade since the 2008 economic crisis, these experts have come together to determine what indicators can actually tell us about people's lives. In the first book of its kind, leading economists from around the world, including Thomas Piketty, Emmanuel Saez, Elizabeth Beasely, Jacob Hacker, François Bourguignon, Nora Lustig, Alan B. Krueger, and Joseph E. Stiglitz, describe a range of fascinating metrics—from economic insecurity and environmental sustainability to inequality of opportunity and levels of trust and resilience—that can be used to supplement the simplistic measure of gross domestic product, providing a far more nuanced and accurate account of societal health and well-being. This groundbreaking volume is sure to provide a major source of ideas and inspiration for one of the most important intellectual movements of our time.

Unequal We Stand

Author : Jonathan Heathcote
Publisher : DIANE Publishing
ISBN 13 : 1437934919
Total Pages : 61 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Unequal We Stand by : Jonathan Heathcote

Download or read book Unequal We Stand written by Jonathan Heathcote and published by DIANE Publishing. This book was released on 2010-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors conducted a systematic empirical study of cross-sectional inequality in the U.S., integrating data from various surveys. The authors follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household earnings, to disposable income, and, ultimately, to consumption and wealth. They document a continuous and sizable increase in wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at the bottom of the distribution, but have little effect on the overall trend. Charts and tables. This is a print-on-demand publication; it is not an original.