Book description
What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century?
Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment.
- The volumes define and organize key areas of income distribution studies
- Contributors focus on identifying newly developing questions and opportunities for future research
- The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance
Table of contents
- Cover image
- Title page
- Table of Contents
- Introduction to the Series
- Volume 2A: Handbook of Income Distribution
- Volume 2B: Handbook of Income Distribution
- Copyright
- Contributors
- Introduction: Income Distribution Today
- Acknowledgments
-
Part I. Concept and Approaches
- Chapter 1: The Principal Problem in Political Economy: Income Distribution in the History of Economic Thought
- Chapter 2: Inequality, Income, and Well-Being
- Chapter 3: Multidimensional Poverty and Inequality
-
Chapter 4: Equality of Opportunity
- Abstract
- 4.1 Introduction
- 4.2 Egalitarian Political Philosophy Since Rawls
- 4.3 A Model and Algorithm for Equal-Opportunity Policy
- 4.4 A More General Approach
- 4.5 The Fleurbaey–Maniquet Approach
- 4.6 Economic Development
- 4.7 Dynamics
- 4.8 Preparing the Ground for Empirical Analysis
- 4.9 Do People Advocate EOp? Lessons from Questionnaires and Experiments
- 4.10 Inequality of Opportunity: Measurement Issues and Empirical Results
- 4.11 Results
- 4.12 Conclusion
- Acknowledgments
- Chapter 5: Polarization
- Chapter 6: Statistical Methods for Distributional Analysis
-
Part II. Evidence
- Chapter 7: Long-Run Trends in the Distribution of Income and Wealth
- Chapter 8: Post-1970 Trends in Within-Country Inequality and Poverty: Rich and Middle-Income Countries
- Chapter 9: Recent Trends in Inequality and Poverty in Developing Countries
- Chapter 10: Income Mobility
-
Chapter 11: The Global Distribution of Income
- Abstract
- 11.1 Introduction
- 11.2 Why Study the Global Distribution of Income?
- 11.3 Which Global Distribution of Income?
- 11.4 Data
- 11.5 Estimating the Global Distribution of Income
- 11.6 Between- and Within-Country Inequality
- 11.7 Relative and Absolute Global Inequality
- 11.8 Global Poverty
- 11.9 Conclusion
- Acknowledgments
- Appendix Estimates of Global Inequality Based on the Common Sample over Time
-
Chapter 12: Gender Inequality
- Abstract
- 12.1 Introduction
- 12.2 Individual and/or Household Income and Living Standards: From Measurement Issues to Conceptual Issues and Back to Measurement Issues
- 12.3 The Gender Wage Gap
- 12.4 The Case of Self-Employment
- 12.5 The Gender Gap in Pensions
- 12.6 Nonmarket Work, the Gender Division of Labor, and Gender Inequality
- 12.7 Wealth and Gender
- 12.8 Conclusion
- Chapter 13: Attitudes to Income Inequality: Experimental and Survey Evidence
-
Part III. Explanations
-
Chapter 14: Inequality in Macroeconomics
- Abstract
- 14.1 Some Facts on the Income and Wealth Distribution
- 14.2 Modeling the Sources of Macro Inequality
- 14.3 The Dynamics of Inequality
- 14.4 Inequality and Financial Markets
- 14.5 The Political Economy Channel
- 14.6 Conclusion
- Acknowledgments
- Appendix A Derivation of the Inequality Index
- Appendix B Wage Equation with Endogenous Debt
-
Chapter 15: Wealth and Inheritance in the Long Run
- Abstract
- 15.1 Introduction
- 15.2 The Long-Run Evolution of Wealth–Income Ratios
- 15.3 The Long-Run Evolution of Wealth Concentration
- 15.4 The Long-Run Evolution of the Share of Inherited Wealth
- 15.5 Accounting for the Evidence: Models and Predictions
- 15.6 Concluding Comments and Research Prospects
- Acknowledgments
- Chapter 16: Intrahousehold Inequality
- Chapter 17: Health and Inequality
-
Chapter 18: Labor Market Institutions and the Dispersion of Wage Earnings
- Abstract
- 18.1 Introduction
- 18.2 Earnings Distribution and Income Distribution: A Short Tale of Two Long Literatures
- 18.3 Wage Dispersion: Measurement and Stylized Facts
- 18.4 Theoretical Approaches to Wage Dispersion and the Role of Institutions
- 18.5 LMIs and Wage Inequality: An Empirical Assessment
- 18.6 Conclusion and Future Research
- Acknowledgments
- Appendix A Country Codes
- Appendix B Data Sources and Additional Tables on Earnings
- Appendix C Data Sources and Descriptive Statistics on LMIs
- Appendix D Literature Summary Tables: Household Incomes and Earnings and Wage Dispersion and Institutions165
-
Chapter 19: Cross-Country Evidence of the Multiple Causes of Inequality Changes in the OECD Area
- Abstract
- 19.1 Introduction
- 19.2 The Research Question and Methods to Explain Inequality and its Change
- 19.3 Data Sources for Cross-Country Studies
- 19.4 Definition of Inequality Measures and Their Variability
- 19.5 Drivers of Inequality: Main Explanations
- 19.6 Conclusions: Major Findings from the Literature Survey and Implications for Further Research
- Acknowledgments
-
Chapter 20: Globalization and Inequality
- Abstract
- 20.1 Introduction
- 20.2 Immediate Post-War Theories, Predictions, and Evidence
- 20.3 Experience and New Theory from the 1980s Onward
- 20.4 Economic Crisis and Income Distribution
- 20.5 Globalization and Gender Inequality
- 20.6 Openness and Spatial Inequality
- 20.7 International Migration, Remittances, and Inequality
- 20.8 National and Global Policy Responses
- 20.9 Conclusion
-
Chapter 14: Inequality in Macroeconomics
-
Part IV. Policies
- Chapter 21: Democracy, Redistribution, and Inequality
-
Chapter 22: The Idea of Antipoverty Policy
- Abstract
- 22.1 Introduction
- 22.2 Wealth Dynamics and Antipoverty Policies
- 22.3 The Utility of Poverty
- 22.4 The First Poverty Enlightenment
- 22.5 The Long Germination of the Idea of a World Free of Poverty
- 22.6 The Second Poverty Enlightenment
- 22.7 The Idea of a Progressive Market Economy
- 22.8 The Final Blow to the Idea of the Utility of Poverty?
- 22.9 Direct Interventions in Modern Times
- 22.10 Conclusions
- Acknowledgments
- Chapter 23: The Welfare State and Antipoverty Policy in Rich Countries
-
Chapter 24: Microsimulation and Policy Analysis
- Abstract
- 24.1 Introduction and Overview
- 24.2 What Does Microsimulation Add to Analysis of Income Distribution and Redistribution?
- 24.3 The Effects of Policy Changes on Income Distribution
- 24.4 Challenges and Limitations
- 24.5 Broadening the Scope
- 24.6 Conclusions and Outlook for the Future
- Acknowledgments
- Appendix A Increasing UK Child Benefit in 2001 and 2013: The Net Effects
- Appendix B Comparison of Simulated Estimates of Income Tax with Administrative Statistics, UK 2010–2011
- Index
Product information
- Title: Handbook of Income Distribution
- Author(s):
- Release date: December 2014
- Publisher(s): North Holland
- ISBN: 9780444594761
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