Income inequality and election outcomes in OECD countries: New evidence following the Great Recession of 2008–2009

2016 ◽  
Vol 41 ◽  
pp. 70-79 ◽  
Author(s):  
Florence Bouvet ◽  
Sharmila King
Keyword(s):  
Income Inequality ◽  
Great Recession ◽  
Oecd Countries ◽  
The Great Recession ◽  
New Evidence

Surviving the Great Recession: the influence of income inequality in US urban counties

2017 ◽  
Vol 52 (6) ◽  
pp. 781-792 ◽  
Author(s):  
Paul A. Lewin ◽  
Philip Watson ◽  
Anna Brown
Keyword(s):  
Income Inequality ◽  
Great Recession ◽  
The Great Recession

Measuring the Trends in Inequality of Individuals and Families: Income and Consumption

2013 ◽  
Vol 103 (3) ◽  
pp. 184-188 ◽  
Author(s):  
Jonathan D Fisher ◽  
David S Johnson ◽  
Timothy M Smeeding
Keyword(s):  
United States ◽  
Income Inequality ◽  
Great Recession ◽  
The United States ◽  
Disposable Income ◽  
Consumer Expenditure ◽  
Present Evidence ◽  
The Great Recession

We present evidence on the level of and trend in inequality from 1985-2010 in the United States, using disposable income and consumption for a sample of individuals from the Consumer Expenditure (CE) Survey. Differing from the findings in other recent research, we find that the trends in income and consumption inequality are broadly similar between 1985 and 2006, but diverge during the Great Recession with consumption inequality decreasing and income inequality increasing. Given the differences in the trends in inequality in the last four years, using both income and consumption provides useful information.

Welfare and the Great Recession

2019 ◽  
Keyword(s):  
Great Recession ◽  
Social Protection ◽  
Government Policies ◽  
Institutional Characteristics ◽  
Welfare Regimes ◽  
The Great Recession ◽  
Level Of Living ◽  
Crisis Responses ◽  
New Evidence ◽  
The Welfare State

This book surveys and analyses the welfare consequences of the Great Recession in Europe and investigates how the burdens of the crisis were shared—between countries, between different socio-economic groups across Europe, and within individual countries. The studies are based on broad comparisons of 30 countries and deeper analyses of 9 country cases. The approach is grounded in classical theories about crisis responses and relates financial hardship to institutional characteristics—such as welfare regimes, currency regimes, socio-political patterns, affluence levels, public debt, and policy reactions during the crisis period—for example, stimulus versus austerity, the degree of social protection emphasis, the commitment to redistribution, and the significance of activation. Welfare and the Great Recession offers new evidence on and demonstrates the importance of the welfare state and government policies with regard to sheltering populations from the level of living consequences of serious economic contraction and distributing burdens in a crisis situation. The book offers various lessons from the crisis experience in Europe and ends with a discussion about welfare futures in a globalized, crisis-prone environment.

scholarly journals Cost of Living Inequality During the Great Recession

2020 ◽  
Author(s):  
David Argente ◽  
Munseob Lee
Keyword(s):  
Income Inequality ◽  
Income Distribution ◽  
Great Recession ◽  
Shopping Behavior ◽  
Cost Of Living ◽  
The Great Recession ◽  
Income Groups ◽  
Percentage Points ◽  
Price Indexes ◽  
The Difference

Abstract We construct income-specific price indexes for the period from 2004 to 2016. We find substantial differences across income groups that arise during the Great Recession. The difference in annual inflation between the lowest quartile of the income distribution and the highest quartile was 0.22 percentage points for 2004–2007, 0.85 percentage points for 2008–2013, and 0.02 percentage points for 2014–2016. We find that product quality substitution and changes in the shopping behavior, margins mostly available to richer households, explain around 40% of the gap. Our evidence shows that not accounting for these differences in price indexes could lead to significant biases in the calculation of consumption and income inequality.

Sign in / Sign up

Export Citation Format

Share Document