Cross‐country Inequality Trends

Cross-country Inequality Trends*

I review the two most popular explanations for the differential trends in wage inequality in US/ UK and Europe: that relative supply of skills increased faster in Europe, and that European labour market institutions prevented inequality from increasing. Although these explanations go some way towards accounting for the differential cross-country inequality trends, it also appears that relative ...

Trends in Poverty and Inequality among Hispanics

Inequality Trends in Some Developed OECD Countries

This paper argues that income inequality has increased in several, but not all, developed countries over the last twenty years. The increase in some countries supports the conclusion that the deregulation of markets, resulting in the concentration of economic power, is the fundamental cause as well as the gross manifestation of inequality of both income and wealth. JEL classifi cation: D30 (Gen...

Income inequality: Trends and Measures Key Points

Long-'term Trends in American Wealth Inequality

Seventeenth and eighteenth century America saw relatively egalitarian and stable aggregate wealth concentration. During the first half of the nineteenth century, in contrast, there was a marked rise in wealth concentration. The period from the Civil War to the Great Depression was also one of stability in wealth concentration, but it was characterized by substantially greater inequality than ha...