Oxford University Press, USA
The Economics of Rising Inequalities
Key Metrics
- Daniel Cohen
- Oxford University Press, USA
- Paperback
- 9780198727736
- 9.21 X 6.14 X 0.78 inches
- 1.16 pounds
- Business & Economics > Economics - Macroeconomics
- English
Secure TransactionBook Description
Both the 'fundamentalist' view and the 'institutionalist' view have some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (the inequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends support to the institutionalist view.
The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue that institutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions.
Author Bio
Daniel Cohen is director of the Economics Department at the École Normale Supérieure in Paris and a founding member of the Paris School of Economics.
A former adviser to the World Bank, Cohen was made a Chevalier of the Legion of Honor in 2001. His many books include Globalization and Its Enemies and The Prosperity of Vice.
Education
Ecole Normale Supérieure (1973-1976)
Agrégation de Mathématiques (1976)
Doctorat de 3° Cycle Sciences Economiques (1979)
Visiting scholar, Harvard (1981-82 et 1983-84)
Doctorat d'Etat ès Sciences Economiques (1986)
Agrégation des Facultés de Droit et de Sciences Economiques (1988)
Source: Paris School of Economics
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