There is a great deal of coverage on inequality, and the key determinants of recent trends are increasingly well-documented. However, much less is known about the driving forces behind international differences in inequality.
The nine contributions collected in this book set out to examine the fundamental question of What Drives Inequality? These drivers may be so diverse and deep-rooted in the cultural, historical, or geographical characteristics of countries that one can hardly expect comprehensive models or clear-cut causal inference. Nevertheless, the research presented in this book unpacks the reasons behind the wide variations in inequality.
Looking across country boundaries, chapters featured include in-depth insights into inequality in Europe, India, and the United States. It provides new results on the impact of public goods and services and on the role of demographic, labor market and, most importantly, fiscal policy determinants. It also brings fresh evidence and perspectives on the measurement of inequality, by examining wealth or broader measures of well-being, and provides some insights about potential "deeper drivers" such as individual perceptions, preferences, and beliefs about inequality and redistribution.
There is a great deal of coverage on inequality, and the key determinants of recent trends are increasingly well-documented. However, much less is known about the driving forces behind international differences in inequality.
This volume compiles nine essays that investigate the drivers of inequality across countries. Economics and other researchers from Europe and Canada address the role of labor markets, taxation, social protection, redistributive policies, political institutions, norms and attitudes, and preferences for redistribution in Europe, India, Indonesia, the US, and Canada. They examine income or expenditure inequality and the role of tax policy and redistribution, demographics, and labor market factors; measures of wealth, public goods, and non-monetary dimensions; and individual perceptions, preferences, and beliefs about inequality and redistribution. Distributed in North America by Turpin Distribution. Annotation ©2019 Ringgold, Inc., Portland, OR (protoview.com)