Income Inequality: Economic Disparities and the Middle Class in Affluent Countries (Studies in Social Inequality) - Hardcover

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9780804778244: Income Inequality: Economic Disparities and the Middle Class in Affluent Countries (Studies in Social Inequality)

Inhaltsangabe

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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Über die Autorinnen und Autoren

Janet C. Gornick is Professor of Political Science and Sociology at the Graduate Center of the City University of New York, and Director of LIS. Markus Jäntti is Professor of Economics at the Swedish Institute for Social Research, Stockholm University, and Research Director of LIS.


Janet C. Gornick is Professor of Political Science and Sociology at the Graduate Center of the City University of New York, and Director of LIS.Markus Jäntti is Professor of Economics at the Swedish Institute for Social Research, Stockholm University, and Research Director of LIS.

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INCOME INEQUALITY

Economic Disparities and the Middle Class in Affluent Countries

By Janet C. Gornick, Markus Jäntti

Stanford University Press

Copyright © 2013 Board of Trustees of the Leland Stanford Junior University
All rights reserved.
ISBN: 978-0-8047-7824-4

Contents

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

CHAPTER 1

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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9780804793346: Income Inequality: Economic Disparities and the Middle Class in Affluent Countries (Studies in Social Inequality)

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ISBN 10:  0804793344 ISBN 13:  9780804793346
Verlag: Stanford University Press, 2014
Softcover