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Economic Well-Being and Inequality - Papers from the Fifth ECINEQ Meeting (Hardcover)
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Economic Well-Being and Inequality - Papers from the Fifth ECINEQ Meeting (Hardcover)
Series: Research on Economic Inequality
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Research on Economic Inequality, Volume 22 begins with papers of
widespread interest on the impact of the Great Recession. The first
paper addresses the impact of "asset meltdown" on the wealth of the
US middle class, with disparate racial and ethnic impacts. The
second studies poverty and inequality in the US in the aftermath of
the Great Recession. The next topic is on the evolution of poverty
and inequality in the world. One paper proposes a new methodology
to measure global poverty and inequality, while the second analyzes
the importance of considering not only the desperately poor but
also those just above the subsistence level. Great interest for
inequality researchers lies on the use of wealth data. Two
approaches to this issue are presented. Firstly, several papers
study wealth inequality directly. Secondly, a paper uses annuitized
wealth data to augment the income measure of economic well-being.
An emerging field in the study of economic well-being is the use of
self-reported status and perceptions data. Three papers employ this
type of data, investigating happiness inequality, perception of
income inequality, and the existence of a "Great Gatsby Curve" for
job mobility.
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