Macroeconomic Inequality from Reagan to Trump: Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline

ISBN-13: 9781108796101 / Angielski / Miękka / 2020 / 170 str.

Lance Taylor

Opis

An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.

Recenzje

'Macroeconomists will benefit greatly by putting this book on their reading list.' John Komlos, Economic Record

Spis treści

Introduction; 1. Decades of income inequality; 2. Macroeconomic income distribution; 3. 'Capital', capital gains, capitalization, and wealth; 4. Sectoral stagnation, flat productivity, and lagging real wages; 5. Institutions and models for maldistribution; 6. Possible future prospects; References.