Changing Patterns in the Distribution of Economic Welfare

Changing Patterns in the Distribution of Economic Welfare

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This 1997 book examines the income distributional experience of fifteen developed economies - representing a wide range of social and economic strategies - over the past two decades. Experts from each of the countries have carefully documented the pattern of distributional change in individual earnings and household income in their countries and analysed the driving forces behind these changes. Separate chapters are devoted to the experiences of Australia, Canada, the Czech Republic, Finland, France, West and former East Germany, Greece, Hungary, Ireland, Israel, Japan, the Netherlands, Sweden, the United Kingdom and the United States. The authors examine the effects on the inequality of household income of the development of individual earnings, unemployment, inflation, public sector transfers and taxes, and demographic changes.In addition to these yields, there were substantial capital gains fuelled by speculation in the stock market and real estate, ... The stock market crash of 1987 and the collapse of the commercial property market in the beginning of the 1990s mayanbsp;...

Title:Changing Patterns in the Distribution of Economic Welfare
Author:Peter Gottschalk, Edward E. Palmer
Publisher:Cambridge University Press - 1997-09-29


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