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This paper introduces a new comprehensive panel of annual state-level income inequality measures spanning the postwar period 1945-2004. For many states, the share of income held by the top decile experienced a prolonged period of stability after World War II, followed by a substantial increase...
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the paper shows a premature deindustrialization process since the 1970s, continuing to the present. We observe in the … accounts for two-thirds of total employment in the economy. The trend of persistent deindustrialization and high inequality is …
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