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.
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| Foreword Anthony B. Atkinson.............................................. | xiii |
| Acknowledgments............................................................ | xv |
| Contributors............................................................... | xvii |
| Introduction Janet C. Gornick and Markus Jäntti........................... | 1 |
| PART I: Income: Trends in Household Income Inequality...................... | |
| CHAPTER ONE How Has Income Inequality Grown? The Reshaping of the Income Distribution in LIS Countries Arthur S. Alderson and Kevin Doran.......... | 51 |
| PART II: The Middle Class: The Middle Class in the Income Distribution..... | |
| CHAPTER TWO On the Identification of the Middle Class Anthony B. Atkinson and Andrea Brandolini............................................. | 77 |
| CHAPTER THREE Has Rising Inequality Reduced Middle-Class Income Growth? Lane Kenworthy............................................................. | 101 |
| CHAPTER FOUR Welfare Regimes, Cohorts, and the Middle Classes Louis Chauvel.................................................................... | 115 |
| PART III: Politics: Inequality, Political Behavior, and Public Opinion..... | |
| PART IV: Employment: Women's Work, Inequality, and the Economic Status of Families................................................................... | |
| CHAPTER FIVE Political Sources of Government Redistribution in High-Income Countries Vincent A. Mahler, David K. Jesuit, and Piotr R. Paradowski................................................................. | 145 |
| CHAPTER SIX Income Distribution, Inequality Perceptions, and Redistributive Preferences in European Countries István György Tóth and Tamás Keller............................................................... | 173 |
| CHAPTER SEVEN Women's Employment and Household Income Inequality Susan Harkness................................................................... | 207 |
| CHAPTER EIGHT Women's Employment, Unpaid Work, and Economic Inequality Nancy Folbre, Janet C. Gornick, Helen Connolly, and Teresa Munzi........... | 234 |
| CHAPTER NINE Women's Work, Family Earnings, and Public Policy Margarita Estévez-Abe and Tanja Hethey-Maier......................................... | 261 |
| PART V: Wealth: The Distribution of Assets and Debt........................ | |
| CHAPTER TEN The Distribution of Assets and Debt Eva Sierminska, Timothy M. Smeeding, and Serge Allegrezza.......................................... | 285 |
| CHAPTER ELEVEN The Joint Distribution of Income and Wealth Markus Jäntti, Eva Sierminska, and Philippe Van Kerm.............................. | 312 |
| CHAPTER TWELVE The Fourth Retirement Pillar in Rich Countries Bruce Bradbury................................................................... | 334 |
| CHAPTER THIRTEEN Public Pension Entitlements and the Distribution of Wealth Joachim R. Frick and Markus M. Grabka.............................. | 362 |
| PART VI: Country Case Studies: Inequality in Japan, Iceland, India, and South Africa............................................................... | |
| CHAPTER FOURTEEN Income and Wealth Inequality in Japan Colin McKenzie.... | 389 |
| CHAPTER FIFTEEN Income Inequality in Boom and Bust: A Tale from Iceland's Bubble Economy Stefán Ólafsson and Arnaldur Sölvi Kristjánsson............ | 416 |
| CHAPTER SIXTEEN Horizontal and Vertical Inequalities in India Reeve Vanneman and Amaresh Dubey................................................. | 439 |
| CHAPTER SEVENTEEN Post-Apartheid Changes in South African Inequality Murray Leibbrandt, Arden Finn, and Ingrid Woolard.......................... | 459 |
| Conclusion Janet C. Gornick and Markus Jäntti............................. | 487 |
| Index...................................................................... | 497 |
How Has Income Inequality Grown?
The Reshaping of the Income Distribution inLIS Countries
Arthur S. Alderson and Kevin Doran
Research on trends in inequality has cumulated to the point that manyscholars conclude that income inequality has been growing in the typicalsociety in recent decades (e.g., Cornia and Addison 2003). While this"U-turn" on inequality has received a great deal of social scientific attentionin and of itself, it has also spawned growing concern over the statusof the middle class. The idea that the middle class might be shrinking ordeclining began to receive popular attention in the United States in theearly 1980s. That is, in the face of rising income inequality, concern abouta particular pattern of change in the distribution of income—polarization,or the shift of individuals, households, and families from the middle of thedistribution to both the upper and lower tails—began to grow. Noting thetransition from an industrial to a service-based economy, Kuttner (1983),for instance, argued that the decline of well-paying manufacturing jobsand lack of unionization in the growing service sector were driving manyformerly "middle-class" families into the bottom tail of the income distributionand were polarizing the workforce. In a similar vein, Thurow (1984)reported that between 1967 and 1982, the percentage of U.S. families withincomes between 75 and 125 percent of the median declined from 28.2 percentto 23.7 percent and that the percentage of families falling above and belowthose bounds grew by roughly equal proportions. Beyond the empirics,concern with income polarization has also been heavily informed by theclassic vision of the middle class as a bulwark of political democracy andagainst social, political, and economic instability (Lipset 1963; see Thurow1984 and Pressman 2007).
As highlighted by Pressman (2007), academic interest in the fate of themiddle class grew across the 1980s and into the 1990s, before decliningduring the economic expansion of the latter 1990s. In the context of theeconomic downturn in 2008, the issue once again moved to the center ofscholarly and public debate. How should one approach the question of the"hollowing of the middle"? It is clear that conclusions are sensitive to definitionsand measurement (McMahon and Tschetter 1986; Horrigan andHaugen 1988). For instance, McMahon and Tschetter (1986), replicatingconflicting studies by Lawrence (1984) and Rosenthal (1985) in the UnitedStates, demonstrate that, when defined in terms of occupation, no hollowingof the middle is seen from 1973 to 1985, but when it is defined in termsof personal earnings, there is ample evidence of polarization.
More recently, a rough consensus appears to be emerging in studies...
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Zustand: New. This volume presents cross-nationally comparative evidence on income inequality trends, women's employment and its effect on inequality, the distribution of wealth, and the interaction of politics with inequality across several mainly high-income countries. Editor(s): Gornick, Janet C.; Jantti, Markus. Series: Studies in Social Inequality. Num Pages: 540 pages, illustrations (black and white). BIC Classification: JFFJ; KCB. Category: (G) General (US: Trade). Dimension: 241 x 162 x 33. Weight in Grams: 902. . 2013. Hardcover. . . . . Books ship from the US and Ireland. Artikel-Nr. V9780804778244
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