- Title Pages
- Studies in Social Inequality
- Dedication
- Foreword
- Acknowledgments
- Contributors
- Introduction
-
Chapter One How Has Income Inequality Grown? -
Chapter Two On the Identification of the Middle Class -
Chapter Three Has Rising Inequality Reduced Middle-Class Income Growth? -
Chapter Four Welfare Regimes, Cohorts, and the Middle Classes -
Chapter Five Political Sources of Government Redistribution in High-Income Countries -
Chapter Six Income Distribution, Inequality Perceptions, and Redistributive Preferences in European Countries -
Chapter Seven Women's Employment and Household Income Inequality -
Chapter Eight Women's Employment, Unpaid Work, and Economic Inequality -
Chapter Nine Women's Work, Family Earnings, and Public Policy -
Chapter Ten The Distribution of Assets and Debt -
Chapter Eleven The Joint Distribution of Income and Wealth -
Chapter Twelve The Fourth Retirement Pillar in Rich Countries -
Chapter Thirteen Public Pension Entitlements and the Distribution of Wealth -
Chapter Fourteen Income and Wealth Inequality in Japan -
Chapter Fifteen Income Inequality in Boom and Bust -
Chapter Sixteen Horizontal and Vertical Inequalities in India -
Chapter Seventeen Post-Apartheid Changes in South African Inequality - Conclusion
- Index
Has Rising Inequality Reduced Middle-Class Income Growth?
Has Rising Inequality Reduced Middle-Class Income Growth?
- Chapter:
- (p.101) Chapter Three Has Rising Inequality Reduced Middle-Class Income Growth?
- Source:
- Income Inequality
- Author(s):
Lane Kenwortby
- Publisher:
- Stanford University Press
A rise in the income share of the top 1 percent is likely to come at least partly at the expense of those in the middle, resulting in slower growth of absolute incomes for middle-class households. Developments in the United States in recent decades are consistent with this hypothesis, but does it hold across countries? The experience of the world's rich democracies from the late 1970s to the mid-2000s suggests that rising top-heavy income inequality has indeed tended to reduce middle-class income growth. But it also suggests that inequality's impact is sometimes offset or overshadowed by economic growth and government transfers.
Keywords: inequality, income growth, middle class, top 1 percent, comparative, Luxembourg Income Study
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- Title Pages
- Studies in Social Inequality
- Dedication
- Foreword
- Acknowledgments
- Contributors
- Introduction
-
Chapter One How Has Income Inequality Grown? -
Chapter Two On the Identification of the Middle Class -
Chapter Three Has Rising Inequality Reduced Middle-Class Income Growth? -
Chapter Four Welfare Regimes, Cohorts, and the Middle Classes -
Chapter Five Political Sources of Government Redistribution in High-Income Countries -
Chapter Six Income Distribution, Inequality Perceptions, and Redistributive Preferences in European Countries -
Chapter Seven Women's Employment and Household Income Inequality -
Chapter Eight Women's Employment, Unpaid Work, and Economic Inequality -
Chapter Nine Women's Work, Family Earnings, and Public Policy -
Chapter Ten The Distribution of Assets and Debt -
Chapter Eleven The Joint Distribution of Income and Wealth -
Chapter Twelve The Fourth Retirement Pillar in Rich Countries -
Chapter Thirteen Public Pension Entitlements and the Distribution of Wealth -
Chapter Fourteen Income and Wealth Inequality in Japan -
Chapter Fifteen Income Inequality in Boom and Bust -
Chapter Sixteen Horizontal and Vertical Inequalities in India -
Chapter Seventeen Post-Apartheid Changes in South African Inequality - Conclusion
- Index
