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    The Economics of Rising Inequalities (Paperback) Edited by Daniel Cohen, Edited by Thomas Piketty, Edited by Gilles Saint-Paul

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    DescriptionThis book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. Both the 'fundamentalist' view and the 'institutionalist' view have some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (the inequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends support to the institutionalist view. The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue that institutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions.

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  • Full bibliographic data for The Economics of Rising Inequalities

    The Economics of Rising Inequalities
    Authors and contributors
    Edited by Daniel Cohen, Edited by Thomas Piketty, Edited by Gilles Saint-Paul
    Physical properties
    Format: Paperback
    Number of pages: 372
    Width: 154 mm
    Height: 237 mm
    Thickness: 20 mm
    Weight: 498 g
    ISBN 13: 9780198727736
    ISBN 10: 0198727739

    B&T Book Type: NF
    BIC E4L: ECO
    Nielsen BookScan Product Class 3: S4.5
    BIC subject category V2: JFF, KCF, KCP
    Abridged Dewey: 330
    B&T General Subject: 180
    Ingram Subject Code: BE
    BISAC V2.8: BUS039000
    DC22: 339.2
    B&T Merchandise Category: POD
    BISAC V2.8: BUS069000
    LC classification: HB
    Ingram Theme: ASPT/ECONAS
    Thema V1.0: KCP, KCF, JBF
    DC23: 339.1722
    Edition statement
    New ed.
    Illustrations note
    numerous figures and tables
    Oxford University Press
    Imprint name
    Oxford University Press
    Publication date
    03 September 2014
    Publication City/Country
    Author Information
    Gilles Saint-Paul is Professor of Economics at the Universite des Sciences Sociales, Toulouse, France. He was previously a Researcher at DELTA, Paris (1990-7), Visiting Professor at MIT (Spring 1995), and Professor at the Universitat Pompeu Fabra, Barcelona (1997-2000). He has been a CEPR Research Fellow since 1991 and Programme Director for labour economics since 2001.
    Review quote
    The studies cover quite a broad set of issues affecting inequality ... The research agenda of these studies is rich and ambitious. Industrial and Labor Relations Review The volume has many merits. All of the papers are well written, substantial, methodologically solid, and quite readable at the Masters level. Industrial and Labor Relations Review ... a valuable addition to the literature ... a collection on a mix of topics, with some papers you will want to refer back to and several that will likely give rise to extensive further studies. Industrial and Labor Relations Review
    Table of contents
    PART I: MARKETS AND INSTITUTIONS ; 1. The Distribution of Earnings in Spain During the 1980s: The effects of skill, unemployment, and union power ; 2. Earnings Inequality in Portugal and Spain: Contrasts and similarities ; 3. Changes in Unemployment and Wage Inequality: An alternative theory and some evidence ; 4. Does Competition at School Matter? A view based on the Italian and Japanese experiences ; 5. The Causes of the 'Youth Employment Problem': A (labour) supply side view ; 6. Pareto-Improving Immigration in an Economy with Equilibrium Unemployment ; PART II: LIFETIME INEQUALITIES AND THE SCOPE FOR REDISTRIBUTION ; 7. Consumption Inequality and Income Uncertainty ; 8. Income Redistribution Within the Life Cycle Versus Between Individuals: Empirical evidence using Swedish panel data ; 9. Earnings Dispersion, Low Pay, and Household Poverty in Italy, 1977-1998 ; 10. Changes in Home Production and Trends in Economic Inequality ; 11. Unequal Societies: Income distribution and the social contract ; 12. Unemployment, Specialization, and Collective Preferences for Social Insurance