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Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.
Social Inequality Across the Generations provides an innovative perspective on social stratification studies by advancing the theoretical and empirical case for the influence of resource compensation. It examines whether resource compensation is a successful mechanism for social mobility, contrasting it against competing types of resource accumulation such as multiplication. This book is the first to cover extensively the role of compensation in intergenerational attainment – a new and rapidly spreading concept in stratification research.
Time Use in Economics contains original research on new aspects of time use compiled by Daniel S. Hamermesh, a long-time path-breaking labor economist leader in analyzing time use data, and Solomon W. Polachek, a pioneer in gender-related labor market research.
This book is a collection of original research from the leading scholars in sociology and economics studying mobility and inequality. The volume brings together the state-of-the-art in the field and sets the agenda for future research.
This collection examines the work of the Italian economist and social theorist Vilfredo Pareto, highlighting the extraordinary scope of his thought, which covers a vast range of academic disciplines. The volume underlines the enduring and contemporary relevance of Pareto's ideas on a bewildering variety of topics; while illuminating his attempt to unite different disciplines, such as history and sociology, in his quest for a 'holistic' understanding of society. Bringing together the world's leading experts on Pareto, this collection will be of interest to scholars working in the fields of sociology and social psychology, monetary theory and risk analysis, philosophy and intellectual history, and political science and rhetoric.
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For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.BPEA 2: 2001Contents include: ¡°Why Doesn¡¯t the United States Have a European-Style Welfare State?¡±Alberto Alesina and Edward Glaeser (Harvard University) and Bruce Sacerdote (Dartmouth College)¡°From Reunification to Economic Integration: Productivity and the Labor Market in Eastern Germany¡±Michael C. Burda (Humboldt University, Berlin) and Jennifer Hunt (University of Montreal)¡°The Great Recession: Lessons for Macroeconomic Policy from Japan¡± Kenneth N. Kuttner (Federal Reserve Bank of New York) and Adam S. Posen (Institute for International Economics)¡°The Consumption Risk of the Stock Market¡±Jonathan A. Parker (Princeton University)
Why Enlightenment culture sparked the Industrial Revolution During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneerin...
A pioneering book that takes us beyond economic debate to show how inequality is returning us to a past dominated by empires, dynastic elites, and ethnic divisions. The economic facts of inequality are clear. The rich have been pulling away from the rest of us for years, and the super-rich have been pulling away from the rich. More and more assets are concentrated in fewer and fewer hands. Mainstream economists say we need not worry; what matters is growth, not distribution. In The Return of Inequality, acclaimed sociologist Mike Savage pushes back, explaining inequalityÕs profound deleterious effects on the shape of societies. Savage shows how economic inequality aggravates cultural, socia...
This Volume focuses on human capital and health behavior. Content is based on an International symposium on Human Capital and Health Behavior, held by The Centre for Health Economics at the University of Gothenburg. Content will cover both theoretical and empirical aspects of the topic.