United States Income, Wealth, Consumption, and Inequality
Published on 16. October 2020
Book
Hardback
304 pages
978-0-19-751819-9 (ISBN)
Description
Over the past 75 years, household income in the United States has increased substantially. Still, by some measures, income inequality has increased as well. This has been the subject of contested public policy and political discourse. The question still stands: How can we better articulate the nuanced changes in American incomes? It is difficult to have conversations about income inequality without an agreed-upon set of terms, metrics, and concepts.
United States Income, Wealth, Consumption, and Inequality, edited by Diana Furchtgott-Roth, examines the trends in income growth in the United States and explores various measures of income, including market, post-tax, and post-transfer income. Within each chapter, distinguished experts explain how income and wealth--and the way we measure them--have changed in the United States, which demographic groups have benefited from these changes, and how mobility has changed over time and over generations. Specific chapters explain the roles of gender and race. The resulting book is relevant to modern international policy, particularly in light of the COVID-19 pandemic, and addresses what can be done to increase economic mobility in the United States.
United States Income, Wealth, Consumption, and Inequality, edited by Diana Furchtgott-Roth, examines the trends in income growth in the United States and explores various measures of income, including market, post-tax, and post-transfer income. Within each chapter, distinguished experts explain how income and wealth--and the way we measure them--have changed in the United States, which demographic groups have benefited from these changes, and how mobility has changed over time and over generations. Specific chapters explain the roles of gender and race. The resulting book is relevant to modern international policy, particularly in light of the COVID-19 pandemic, and addresses what can be done to increase economic mobility in the United States.
Reviews / Votes
Furchgott-Roth has brought together contributions from experts across government and the private sector examining the measurement of income, what should be included in such measurement, and the effects of taxes and transfers on incentives and inequality. The contributions are readable, and the accompanying tables and graphs are relevant and easy to follow. Furchgott-Roth's introduction addresses the relevance of this topic in the context of the current pandemic. * M. Morgan-Davie, Utica College, Choice * Taken as a whole... [United States Income, Wealth, Consumption, and Inequality] sets the table for the money conversation we should be having. * MICHAEL TAYLOR, Columnist for the San Antonio Express-News, San Antonio Express-News * This book is invaluable for anyone interested in the distribution of income and wealth. It clearly explains the analytic issues important to understanding this complex topic and will be extremely helpful both to those looking for a review of the current state of knowledge and those wanting a better understanding of unsettled issues. * Rudolph G. Penner, former Director of the Congressional Budget Office * This fascinating book of key facts and ideas on income inequality, beautifully explained by an impressive range of leading experts, is essential reading now more than ever. The pandemic has laid bare the intrinsic link between income inequality and unequal opportunities, especially in education. Necessary actions delve into the very foundation of economics. * John Taylor, Mary and Robert Raymond Professor of Economics, Stanford University * Whatever your view on inequality, this indispensable volume will improve it. The volume combines carefully measured, diverse empirical studies from top scholars that integrate inequality considerations with related issues in trade, migration, labor participation, and public goods provision. Truly a must-read. * Charles W. Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School * This book provides a remarkable collection of essays on inequality by leading scholars. If you are looking for a thoughtful introduction to all of the issues surrounding inequality in America, this book is a great place to start. The authors span the ideological spectrum, and so the book as a whole provides a far more complete view of inequality than most prior work. The book includes everything from serious discussions of measurement to detailed policy analysis of particular approaches to inequality. This collection combines academic insight with practical policy and will be a valuable resource for anyone who is interested in inequality today. * Edward Glaeser, Fred and Eleanor Glimp Professor of Economics, Harvard University * This book provides readers fodder for many engaging discussions on income inequality. * Lisa Bernstein, Wilson-Dickinson Professor of Law, University of Chicago Law School *More details
Series
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 21 mm
Weight
622 gr
ISBN-13
978-0-19-751819-9 (9780197518199)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Diana Furchtgott-Roth
United States Income, Wealth, Consumption, and Inequality
E-Book
08/2020
OUP eBook
€52.49
Available for download
Diana Furchtgott-Roth
United States Income, Wealth, Consumption, and Inequality
E-Book
08/2020
OUP eBook
€52.49
Available for download
Person
Diana Furchtgott-Roth is an economist and author of five books on economic policy. She previously served as Acting Assistant Secretary for Economic Policy at the US Department of the Treasury and now serves as Deputy Assistant Secretary for Research and Technology at the US Department of Transportation.
Content
Introduction, Diana Furchtgott-Roth
Chapter 1: The Ins and Outs of Measuring Income Inequality in the United States, Steven Rose
Chapter 2: Income and Wealth Inequality: Evidence and Policy Implications, Emmanuel Saez
Chapter 3: Improving Economic Opportunity in the United States, Jared Bernstein
Chapter 4: Income Growth and its Distribution from Eisenhower to Obama: The Growing Importance of In-Kind Transfers (1959-2016), James Elwell, Kevin Corinth, and Richard V. Burkhauser
Chapter 5: Top Income Shares and the Difficulties of Using Tax Data, Gerald Auten and David Splinter
Chapter 6: The Effects of the Movement of Women into the Workforce on Income Trends, Diana Furchtgott-Roth and Beila Leboeuf
Chapter 7: Explaining Race and Gender Wage Gaps, June O'Neill and Dave O'Neill
Chapter 8: The Distribution of Wealth in America, 1983-2013, John C. Weicher
Chapter 9: Public Opinion on Inequality, Karlyn Bowman and Eleanor O'Neil
Chapter 10: Economics of Inequality in High-Wage Economies, Edward Conard
Chapter 1: The Ins and Outs of Measuring Income Inequality in the United States, Steven Rose
Chapter 2: Income and Wealth Inequality: Evidence and Policy Implications, Emmanuel Saez
Chapter 3: Improving Economic Opportunity in the United States, Jared Bernstein
Chapter 4: Income Growth and its Distribution from Eisenhower to Obama: The Growing Importance of In-Kind Transfers (1959-2016), James Elwell, Kevin Corinth, and Richard V. Burkhauser
Chapter 5: Top Income Shares and the Difficulties of Using Tax Data, Gerald Auten and David Splinter
Chapter 6: The Effects of the Movement of Women into the Workforce on Income Trends, Diana Furchtgott-Roth and Beila Leboeuf
Chapter 7: Explaining Race and Gender Wage Gaps, June O'Neill and Dave O'Neill
Chapter 8: The Distribution of Wealth in America, 1983-2013, John C. Weicher
Chapter 9: Public Opinion on Inequality, Karlyn Bowman and Eleanor O'Neil
Chapter 10: Economics of Inequality in High-Wage Economies, Edward Conard