Income Inequality In Oecd Countries: What Are The Drivers And Policy Options?

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Cluster Analysis
Disposable Income Inequality
Education
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Globalization
Labour Income Inequality
Labour Market Institutions
Poverty
Product Market Regulation
Quantile Regressions
Redistribution Through Taxes and Transfers
Technological Change
Top Incomes
Wealth Distribution

Product details

  • ISBN 9789814518512
  • Publication Date: 16 Jan 2014
  • Publisher: World Scientific Publishing Co Pte Ltd
  • Publication City/Country: SG
  • Product Form: Hardback
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This book provides a comprehensive review of income inequality issues in the OECD in a cross-country setting. It presents a wealth of data and analysis on the formation of inequality and identifies groups of countries that share similar inequality patterns. It also reviews developments at the extremes of the income distribution, namely poverty, top incomes as well as the distribution of wealth. An important contribution of the book is the careful examination of the determinants of the income distribution, such as globalisation and technical progress as well as the effect of a wide range of economic policies that shape the distribution of income. These include in particular labour market regulations, household taxes and transfers as well as in-kind public services. It also sheds light on an under-researched issue: do policies aimed at boosting economic growth raise or reduce income inequality?