scholarly journals Post-Recession consumerism in the U.S.: the influence of cheap and chic consumer products on perceptions of income inequality

2019 ◽  
Author(s):  
Aaron Fry ◽  
Steven Faerm
Keyword(s):  
Income Inequality ◽  
Consumer Products ◽  
The U.S

La disparidad tanto en los ingresos como en la ganancia neta en los EE.UU., ha ido en aumento desde la década de 1970. Durante este período, el nivel de los salarios bajos y medios de los estadounidenses han crecido a un ritmo más lento que el crecimiento del PBI del país en su conjunto, y a un ritmo mucho más lento que los ingresos del 1% de los asalariados; habiéndose profundizado esta brecha dramáticamente en los años posteriores a la recesión del 2008. En este trabajo se discuten los factores subjetivos y relativosque determinan la percepción de bienestar financiero. A pesar de la creciente desigualdad en los ingresos, los consumidores estadounidenses, en todos los segmentos de ingresos, incrementan sus posesiones, mucho más que en épocas anteriores. En un entorno en el que la concentración del ingreso parecería seguir favoreciendo en el futuro al segmento de ingresos más altos, se discute el efecto psicológico del acceso al consumo de objetos de diseño y al mercado masivo de bienes de lujo. Examinamos cuatro dimensiones de la percepción de lujo y discutimos esto en el contexto de dos marcas de lujo diferentes. Proponemos que el aumento del poder de compra que el consumidor estadounidense posee en la actualidad es un factor que puede compensar o amortiguar los efectos sociales y políticos adversos del estancamiento de ingresos y elestrés económico.

scholarly journals Skill-Biased Technological Change and Inequality in the U.S.

2020 ◽  
pp. 91-107
Author(s):  
Ana Ferreira
Keyword(s):  
Income Inequality ◽  
Technological Change ◽  
Incomplete Markets ◽  
Gini Coefficient ◽  
Income Tax ◽  
Overlapping Generations ◽  
Overlapping Generations Model ◽  
Biased Technological Change ◽  
Household Heterogeneity ◽  
The U.S

Since the 1980s, income inequality has increased markedly and has reached the highest level ever since it started being recorded in the U.S. This paper uses an overlapping generations model with incomplete markets that allows for household heterogeneity that is calibrated to match the U.S. economy with the purpose to study how skill-biased technological change (SBTC) and changes in taxation quantitatively account for the increase in inequality from 1980 to 2010. We find that SBTC and taxation decrease account for 48% of the total increase in the income Gini coefficient. In particular, we conclude that SBTC alone accounted for 42% of the overall increase in income inequality, while changes in the progressivity of the income tax schedule alone accounted for 5.7%.

scholarly journals Towards a ‘Political’ Tibullus: Ceres and Grain in Elegies Books 1 and 2

2021 ◽  
Vol 48 (1) ◽  
pp. 20-35
Author(s):  
Victoria Jansson ◽  
Keyword(s):  
Income Inequality ◽  
Roman History ◽  
The Political ◽  
Economic Forces ◽  
The Republic ◽  
Definition Of ◽  
The U.S

This article argues that unfulfilled prayers to Ceres in Tibullus’ elegies are symptomatic of Rome’s grain crises at the end of the Republic and beginning of Empire. My approach includes philological, socioeconomic, and psychoanalytic analysis of the elegies, in which the poet examines the shifting definition of a ‘Roman’ in his day. I seek to demonstrate the ways in which the poet grapples with the political and economic forces at work during the most turbulent period of Roman history: a time when income inequality was roughly equivalent to that of the U.S. and E.U. today.1

Global Trends in Income Inequality: Theory Versus Reality

2017 ◽  
pp. 143-168
Author(s):  
Venkat Venkatasubramanian
Keyword(s):  
Income Inequality ◽  
Prior Knowledge ◽  
The Other ◽  
Global Trends ◽  
Inequality Theory ◽  
Theory Versus ◽  
Income Data ◽  
The U.S

We compare the predictions of our theory with empirical income data from a dozen different countries. We define a new measure of inequality, called the non-ideal inequality coefficient. We show that Norway is close to ideal inequality for the bottom 99% of the population while the U.S. is the most non-ideal at the other extreme. The other countries are in between these two. We find it remarkable that the Scandinavian societies have discovered the near-ideal share by themselves in practice without any prior knowledge of even its existence.

Cultural Differences in the Perception of Responsibility for Child Safety

1997 ◽  
Vol 41 (2) ◽  
pp. 836-839 ◽  
Author(s):  
Marc L. Resnick ◽  
Adriano Zanotti ◽  
Julie A. Jacko
Keyword(s):  
Product Liability ◽  
The United States ◽  
Consumer Products ◽  
Child Safety ◽  
Minority Populations ◽  
Purchase Decisions ◽  
Cultural Interaction ◽  
Immigrant Populations ◽  
Perceptions Of Safety ◽  
The U.S

Perceptions of safety are an important component of users' evaluations and purchase decisions for many consumer products, especially when it comes to products that may be used by children. In this highly litigious society, a juror's perception of who is responsible for product safety may also become critical in a product liability case. Recent studies have focused on determining which parties the general population perceives as being responsible for accidents involving children. However, given the increase in demographics of minority and immigrant populations in the United States, there may be a cultural interaction which affects these perceptions. This study compares the perceptions of safety responsibility of two of the fastest growing minority populations in the U.S., Hispanics and Asians, to a previous study which quantified that of the general U.S. population. The results show substantial differences in the perceptions of these groups.

TRENDS IN NEIGHBORHOOD INCOME INEQUALITY IN THE U.S.: 1980-2000*

2008 ◽  
Vol 48 (5) ◽  
pp. 879-891 ◽  
Author(s):  
Christopher H. Wheeler ◽  
Elizabeth A. La Jeunesse
Keyword(s):  
Income Inequality ◽  
Neighborhood Income ◽  
The U.S

Income Inequality in the U.S.

1999 ◽  
Vol 280 (6) ◽  
pp. 25-26
Author(s):  
Rodger Doyle
Keyword(s):  
Income Inequality ◽  
The U.S

scholarly journals The Cannabinoid Content of Legal Cannabis in Washington State Varies Systematically Across Testing Facilities and Popular Consumer Products

2018 ◽  
Vol 8 (1) ◽  
Author(s):  
Nick Jikomes ◽  
Michael Zoorob
Keyword(s):  
Relative Stability ◽  
Laboratory Testing ◽  
Consumer Products ◽  
Washington State ◽  
Biochemical Profile ◽  
Pharmacologically Active ◽  
Pharmacologically Active Compounds ◽  
Testing Protocols ◽  
The U.S ◽  
Over Time

Abstract The majority of adults in the U.S. now have state-legal access to medical or recreational cannabis products, despite their federal prohibition. Given the wide array of pharmacologically active compounds in these products, it is essential that their biochemical profile is measured and reported to consumers, which requires accurate laboratory testing. However, no universal standards for laboratory testing protocols currently exist, and there is controversy as to whether all reported results are legitimate. To investigate these concerns, we analyzed a publicly available seed-to-sale traceability dataset from Washington state containing measurements of the cannabinoid content of legal cannabis products from state-certified laboratories. Consistent with previous work, we found that commercial Cannabis strains fall into three broad chemotypes defined by the THC:CBD ratio. Moreover, we documented systematic differences in the cannabinoid content reported by different laboratories, relative stability in cannabinoid levels of commercial flower and concentrates over time, and differences between popular commercial strains. Importantly, interlab differences in cannabinoid reporting persisted even after controlling for plausible confounds. Our results underscore the need for standardized laboratory methodologies in the legal cannabis industry and provide a framework for quantitatively assessing laboratory quality.

scholarly journals Convergence in Income Inequality: Further Evidence from the Club Clustering Methodology Across the U.S. States

2015 ◽  
Author(s):  
Nicholas Apergis ◽  
Christina Christou ◽  
Rangan Gupta ◽  
Stephen M. Miller
Keyword(s):  
Income Inequality ◽  
The U.S
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