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The Effects Of Technological Change On Earnings And Income Inequality In The United States
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Book Synopsis The effects of technological change on earnings and income inequality in the United States by : McKinley L. Blackburn
Download or read book The effects of technological change on earnings and income inequality in the United States written by McKinley L. Blackburn and published by . This book was released on 1987 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Technological Change on Earnings and Income Inequality in the United States by :
Download or read book The Effects of Technological Change on Earnings and Income Inequality in the United States written by and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Technological Change on Earnings and Income Inequality in the United States by : McKinley L. Blackburn
Download or read book The Effects of Technological Change on Earnings and Income Inequality in the United States written by McKinley L. Blackburn and published by . This book was released on 1987 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Technological Change on Earnings and Income Inequality in the United States by : McKinley L. Blackburn
Download or read book The Effects of Technological Change on Earnings and Income Inequality in the United States written by McKinley L. Blackburn and published by . This book was released on 1987 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Technological Change on Earnings and Income Inequality Inthe United States by : David E. Bloom
Download or read book The Effects of Technological Change on Earnings and Income Inequality Inthe United States written by David E. Bloom and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the relationship between technological change and inequality in the U.S. since the late 1960's. The analysis focuses primarily on studying patterns and trends in the dispersion of various distributions of earnings and income during this recent period of rapid technological progress. We review relevant literature and perform several empirical analyses using microdata from the March Current Population Surveys from 1968 to 1986. Our main findings are that there is little empirical evidence that earnings inequality, measured across individual workers, has increased since the late 1960's, and even less evidence to support the hypothesis that any changes that have occurred have resulted from the effect of technological change on the demand for labor. However, we do find evidence of an increase since the late 1960's in the inequality of total family income, measured across families. Moreover, much of the increase appears to be due to changes in family composition and labor supply behavior, suggesting that the main effects of recent technological change on inequality have been supply-side in nature
Book Synopsis The Effects of Technological Change on Earnings and Income Inequality Inthe United States by : McKinley L. Blackburn
Download or read book The Effects of Technological Change on Earnings and Income Inequality Inthe United States written by McKinley L. Blackburn and published by . This book was released on 2007 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the relationship between technological change and inequality in the U.S. since the late 1960's. The analysis focuses primarily on studying patterns and trends in the dispersion of various distributions of earnings and income during this recent period of rapid technological progress. We review relevant literature and perform several empirical analyses using microdata from the March Current Population Surveys from 1968 to 1986. Our main findings are that there is little empirical evidence that earnings inequality, measured across individual workers, has increased since the late 1960's, and even less evidence to support the hypothesis that any changes that have occurred have resulted from the effect of technological change on the demand for labor. However, we do find evidence of an increase since the late 1960's in the inequality of total family income, measured across families. Moreover, much of the increase appears to be due to changes in family composition and labor supply behavior, suggesting that the main effects of recent technological change on inequality have been supply-side in nature.
Book Synopsis The Race between Education and Technology by : Claudia Goldin
Download or read book The Race between Education and Technology written by Claudia Goldin and published by Harvard University Press. This book was released on 2009-07-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.
Book Synopsis The Changing Distribution of Income in an Open U.S. Economy by : J.H. Bergstrand
Download or read book The Changing Distribution of Income in an Open U.S. Economy written by J.H. Bergstrand and published by Elsevier. This book was released on 2015-06-01 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: There have been dramatic changes in the distribution of earnings and income in the United States during recent years. This volume presents original papers, contributed by eminent economists, on the measurement and causes of growing income inequality in the U.S. and other major industrialized countries. The first part examines the definition of income, decomposition of earnings into capacity and capacity utilization rates, and alternative methodologies for estimating income and earnings dispersion. The second part investigates theoretically or empirically alternative causes of income inequality: international trade, macroeconomic conditions and policies, technological progress, productivity growth, institutions, demographic labor supply, and sectoral labor demand. In the final part of the volume policy implications and recommendations are discussed.The volume will be valuable for academic departments (economics, political science, sociology); economic policy institutes and Federal Reserve Bank research departments; economists in government.
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 39 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.
Book Synopsis Rising Income Inequality by : Chris Papageorgiou
Download or read book Rising Income Inequality written by Chris Papageorgiou and published by International Monetary Fund. This book was released on 2008-07 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key finding is that both globalization and technological changes increase the returns on human capital, underscoring the importance of education and training in both developed and developing countries in addressing rising inequality.
Author :Richard Michael Cyert Publisher :Washington, D.C. (2101 Constitution Ave., NW, Washington 20418) : National Academy Press ISBN 13 :9780309037822 Total Pages :248 pages Book Rating :4.0/5 (378 download)
Book Synopsis Technology and Employment by : Richard Michael Cyert
Download or read book Technology and Employment written by Richard Michael Cyert and published by Washington, D.C. (2101 Constitution Ave., NW, Washington 20418) : National Academy Press. This book was released on 1987 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report addresses a number of issues that have surfaced in the debates over the impact of technological change on employment. These issues include the effects of technological change on levels of employment and unemployment within the economy; on the displacement of workers in specific industries or sectors of the economy; on skill requirements; on the welfare of women, minorities, and labor force entrants in a technologically transformed economy; and on the organization of the firm and the workplace. It concludes that technological change will contribute significantly to growth in employment opportunities and wages, although workers in specific occupations and industries may have to move among jobs and careers. Recommends initiatives and options to assist workers in making such transitions. ISBN 0-309-03744-1 (pbk.).
Book Synopsis Rich Get Richer, The: American Wage, Wealth And Income Inequality by : Thomas Hyclak
Download or read book Rich Get Richer, The: American Wage, Wealth And Income Inequality written by Thomas Hyclak and published by World Scientific. This book was released on 2023-07-24 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality of wages among workers and inequality of income and wealth among families and households has been rising steadily for the past half-century in the United States and other developed economies. However, the United States stands out for having the most unequal wage and income distributions to begin with and for experiencing the fastest rise in inequality over the following decades. While this has been a long-developing situation and the subject of academic interest for some time, it is only in the last decade or so that inequality has attracted considerable public attention and become a political issue. Inequality has also become a subject of renewed interest among economists, with a growing number of scholars engaged in the development of new databases and the analysis of the causes and effects of increased inequality.This book provides an overview of the economic analysis of wage, income and wealth inequality in the United States, with a focus on this recent research. It provides the reader with an understanding of the complex causes of rising inequality, the serious consequences that make rising inequality an issue for public policy, and the potential policy actions that might be taken to slow or reverse rising inequality. The author presents an economic and statistical analysis in clear non-technical language to allow the general reader or student in an undergraduate course to learn the insights that economists have gained into the issue of inequality in advanced economies.The book contends that rising wage inequality among workers and income and wealth inequality among families reflects the complex interaction of profound changes in the US economy over the last half-century. These are not limited to economic changes like new technology, increased globalization, changes in the internal structure of firms, and the rise of new growth sectors in tech, finance, and health care. Of additional critical importance are changes in public opinion and political platforms and policies that replaced the New Deal view of the economic role of government with a pro-business, free-market philosophy that has changed labor market policy in a direction promoting increased inequality. This major change in the environment raises important questions about the efficacy of policy proposals. An additionally intriguing issue is the ultimate impact of the financial crisis and the Covid-19 pandemic on perceptions of and support for government policies designed to reverse the seemingly inexorable trend toward greater inequality. This book traces the evolution of inequality over time through key concept illustrations and language that is easy enough to understand, even for the general reader.
Book Synopsis Handbook of Labor Economics by : Orley Ashenfelter
Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.
Book Synopsis Inequality in America by : Uri B. Dadush
Download or read book Inequality in America written by Uri B. Dadush and published by Brookings Institution Press. This book was released on 2012 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality in America provides a snapshot of the issues posed by growing economic disparity, focusing particularly on America but drawing on international comparisons to help set the context. The authors examine the economic, technological, and political drivers of inequality as well as identify worrying trends associated with its rise, making the issues surrounding income distribution accessible to a wider public.
Book Synopsis The Impact of Technological Change on Employment and Economic Growth by : Richard Michael Cyert
Download or read book The Impact of Technological Change on Employment and Economic Growth written by Richard Michael Cyert and published by Ballinger Publishing Company. This book was released on 1988 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Job desplacement; The employment and labor market adjustment: evidence from the displaced worker surveys; Technological change and the extent of frictional and structural unemployment; The effects of technological change on skills and the distribution of earnings and income; Sectoral patterns of technology adoption; Trade, tax, and diffusion policy issues.
Book Synopsis The Impact of IT Investment on Income and Wealth Inequality in the Postwar US Economy by : Edward N. Wolff
Download or read book The Impact of IT Investment on Income and Wealth Inequality in the Postwar US Economy written by Edward N. Wolff and published by . This book was released on 2001 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
