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This paper uses data from the key comparative sources available for the rich countries to examine how both real median incomes and income inequality have evolved from around 1980 through the Great Recession. There are striking differences across OECD countries in average real median income...
Persistent link: https://www.econbiz.de/10011455044
Divergence between the evolution of GDP per capita and the income of a ‘typical’ household as measured in household surveys is giving rise to a range of serious concerns, especially in the USA. This paper investigates the extent of that divergence and the factors that contribute to it across...
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This book addresses the central challenge facing rich countries: how to promote growth and prosperity that is widely shared rather than concentrated at the top. It identifies structures and policies that are associated with limiting the rise in inequality and promoting income growth
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Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per cent between 2007 and 2012, as a result of the bursting of a remarkable property bubble, an exceptionally severe banking crisis, and deep fiscal adjustment. This paper examines...
Persistent link: https://www.econbiz.de/10009765520
Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per cent between 2007 and 2012, as a result of the bursting of a remarkable property bubble, an exceptionally severe banking crisis, and deep fiscal adjustment. This paper examines...
Persistent link: https://www.econbiz.de/10009761408
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