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. Inequality was notably lower in Canada, with a Gini coefficient of 0.285 for equivalent LIMEW in 2005, compared to a US …
Persistent link: https://www.econbiz.de/10009398270
-class squeeze." Median wealth grew briskly in the late 1990s. It grew even faster in the aughts, while the inequality of net worth … prices, indicate that median wealth plunged by 36 percent and there was a fairly steep rise in wealth inequality, with the …
Persistent link: https://www.econbiz.de/10008592404
household’s total command over economic resources in the six years between 1999 and 2005. Although inequality in economic well …
Persistent link: https://www.econbiz.de/10009207517
United States (1921-2012) to estimate two Gini-like indices representing inequality at the bottom and the top of the income … to be mostly explained by an increase in inequality at the bottom of the income distribution, which more than offsets the … decrease in inequality at the top. The implication is that middle incomes gained relative to high incomes, but especially …
Persistent link: https://www.econbiz.de/10011115405
and consolidation of class society and inequality. Money, class society, and inequality came into being simultaneously, so … harmony and equality, while inequality was growing and solidifying. Rather than "invented" by private traders, money was first … origins of inequality, a well-functioning democratic society has the power to subvert the inequality-inducing characteristic …
Persistent link: https://www.econbiz.de/10011189242
One might expect that rising US income inequality would reduce demand growth and create a drag on the economy because … higher-income groups spend a smaller share of income. But during a quarter century of rising inequality, US growth and … inequality could be one explanation for the stagnant recovery in the recession’s aftermath. …
Persistent link: https://www.econbiz.de/10011141200