The Resource Inequality and institutions in 20th century America, Frank Levy [and] Peter Temin., (electronic resource)

Inequality and institutions in 20th century America, Frank Levy [and] Peter Temin., (electronic resource)

Label
Inequality and institutions in 20th century America
Title
Inequality and institutions in 20th century America
Statement of responsibility
Frank Levy [and] Peter Temin.
Title variation
Inequalities and institutions in twentieth century America
Creator
Contributor
Provider
Subject
Language
eng
Summary
We provide a comprehensive view of widening income inequality in the United States contrasting conditions since 1980 with those in earlier postwar years. We argue that the income distribution in each period was strongly shaped by a set of economic institutions. The early postwar years were dominated by unions, a negotiating framework set in the Treaty of Detroit, progressive taxes, and a high minimum wage - all parts of a general government effort to broadly distribute the gains from growth. More recent years have been characterized by reversals in all these dimensions in an institutional pattern known as the Washington Consensus. Other explanations for income disparities including skill-biased technical change and international trade are seen as factors operating within this broader institutional story. Keywords: Income inequality, Institutions, Treaty of Detroit, Washington Consensus. JEL Classifications: J31, J53, N32
Member of
Additional physical form
Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
Cataloging source
MYG
http://library.link/vocab/creatorDate
1941-
http://library.link/vocab/creatorName
Levy, Frank
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
  • technical reports
http://library.link/vocab/relatedWorkOrContributorName
  • Temin, Peter
  • Massachusetts Institute of Technology
  • Internet Archive
Series statement
Working paper series / Massachusetts Institute of Technology, Dept. of Economics
Series volume
working paper 07-17, Revised
http://library.link/vocab/subjectName
Income distribution
Label
Inequality and institutions in 20th century America, Frank Levy [and] Peter Temin., (electronic resource)
Instantiates
Publication
Note
"May 1, 2007. -- Revised: June 27, 2007."
Bibliography note
Includes bibliographical references (p. 46-51 )
Dimensions
28 cm.
Dimensions
unknown
Edition
Rev.
Extent
57 p.
Other physical details
ill.
Specific material designation
remote
System control number
  • (OCoLC)166886151
  • (CaSfIA)inequalityinstit00levy2
  • (CaSfIA)001471106
Label
Inequality and institutions in 20th century America, Frank Levy [and] Peter Temin., (electronic resource)
Publication
Note
"May 1, 2007. -- Revised: June 27, 2007."
Bibliography note
Includes bibliographical references (p. 46-51 )
Dimensions
28 cm.
Dimensions
unknown
Edition
Rev.
Extent
57 p.
Other physical details
ill.
Specific material designation
remote
System control number
  • (OCoLC)166886151
  • (CaSfIA)inequalityinstit00levy2
  • (CaSfIA)001471106

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