Showing 1 - 3 of 3
Although income inequality has been studied extensively, relatively little attention has been paid to the role of household production. Economic theory predicts that households with less money income will produce more goods at home. Thus extended income, which includes the value of household...
Persistent link: https://www.econbiz.de/10005689399
A vast literature in economics has examined the economic progress of African Americans during this century. Most of these studies have focused on income--or on even narrower measures of economic well-being, such as earnings--to assess the extent to which any gains made relative to other racial...
Persistent link: https://www.econbiz.de/10008684540
During the 1980s, wage inequality increased dramatically and the American economy lost many high wage, low- to medium-skill jobs, which had provided middle class incomes to less skilled workers. Increasingly, less skilled workers seemed restricted to low wage jobs lacking union or other...
Persistent link: https://www.econbiz.de/10008684653