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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.
Social stratification --- Income --- Economics --- Sociology --- Politics --- HC - ECONOMIC HISTORY AND CONDITIONS --- Income distribution --- Middle class --- Bourgeoisie --- Commons (Social order) --- Middle classes --- Social classes --- Distribution of income --- Income inequality --- Inequality of income --- Distribution (Economic theory) --- Disposable income --- Social conditions --- E-books --- Income distribution. --- Middle class.
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The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from realising their human capital potential, which is bad for the economy as a whole. This book highlights the key areas where inequalities are created and where new policies are required, including: the consequences of current consolidation policies; structural labour market changes with rising non-standard work and job polarization; persisting gender gaps; the challenge of high wealth concentration, and the role for redistribution policies.
Equality --- Poverty --- Economic assistance, Domestic --- Europe, Eastern --- statistics and numerical data [Subheading] --- Social Justice --- Social welfare --- Social systems --- Politics --- HM 821 Social stratification. Social inequality. Equality. -- General works --- E-books --- Inkomstfördelning --- Social ojämlikhet --- Fattigdom --- Income distribution --- OECD-länderna --- Inkomstfördelning. --- Social ojämlikhet. --- Fattigdom. --- Income distribution. --- Equality. --- Poverty. --- OECD-länderna.
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