Economic Inequality in the United States

By Lars Osberg | Go to book overview

INDEX OF SUBJECTS
Ability
and capital return, 204
and constraints, 162-63
correlation of, 113(n)
defined, 102
and earnings distribution, 101-3, 112, 151, 189-90
inequality of, 144-45
Active property, 211-12
“Adanac” society, 18-19
Adoption, 113(n)-14(n)
AFDC, See Aid to Families with Dependent Children
Aged, 73, 75, 76, 82, 84(n), 196-97
Agriculture, 83(n), 85, 224 See also Food
Aid to Families with Dependent Children (AFDC), 14, 241, 243-46, 254, 255(n)
Alternatives, See Choice (individual economic)
Annuities, 55, 217(n)
Asif, Fable of, See Fable of the Kingdom of Asif
Assets, See Wealth
Assortative mating, 203, 218(n) See also Random mating
Atkinson's “6, ” 23-24, 26, 29, 31(n)
“Before and in” labor market, 126-28
Benefits, social, See In-kind income; In-kind transfers; Welfare; types, e.g., Food stamps
Blacks, 84(n), 193(n)
experience/education ratio of, 117
income inequality of, 115-19
job aspirations of, 128
job performance of, 129(n)
labor market discrimination toward, 122- 23, 175-76
social gains of, 118
uneducated stereotype of, 170
and unskilled work, 173
See also Discrimination
Cambridge School, See Post-Keynesian theory
Capital
earnings distribution impact on, 151
incentives for, 227-28
marginal productivity approach to, 89-93
Marxist theory on, 96-97, 99(n)
neoclassical view of returns of, 89-93
rate of return of, 92, 206, 218(n)
and savings, 198
as wealth, 45-46
Capital gains, 50-53, 60(n), 218(n)
Careers, See Occupations
Chance, 100-1, 112, 113(n), 218(n) See also Luck; “Random walk”
“Chicago” position, 36, 59
Child allowance (proposed), 253-54, 255(n) See also Aid to Families with Dependent Children
Childbearing, See under Women
Childrearing, 153-57, 159, 164, 175, 180 See also Education; Intergenerational
Choice (individual economic), 127-28, 144- 45, 151-58, 163, 177, 179, 183(n)
Civil liberties, 266
Class consciousness, 178-80 See also Socioeconomic background
Class differences, See Socioeconomic background
Cobb-Douglas production function, 91-92
Coefficient of variation, 21-22
Comparative advantage, See Ability
Compensating differentials
dual labor market theory of, 138, 175
neoclassical theory of, 135-38, 142, 145, 175

-296-

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Economic Inequality in the United States
Table of contents

Table of contents

  • Economic Inequality in the United States *
  • Contents *
  • Preface ix
  • Economic Inequality in the United States *
  • 1 - Introduction 3
  • 2 - Inequality in Money Income 9
  • 3 - Economic Inequality 32
  • 4 - Poverty and Inequality 61
  • 5 - Of Laborers and Capitalists— the Issue of Factor Shares 85
  • 6 - Of Chance and Ability 100
  • 7 - Of Race and Sex 115
  • 8 - The "Neoclassical" Perspective: the Implications of Choice 130
  • 9 - Structural Interpretations: the Importance of Constraints 162
  • 10 - An Eclectic Summary 184
  • 11 - The Acquisition of Property 195
  • 12 - Growth And/Or Equality? 220
  • 13 - Government and Inequality 234
  • 14 - Conclusion 256
  • Bibliography 267
  • Index of Names 291
  • Index of Subjects 296
  • About the Author 307
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