Globalization and Widening Income Inequality

Nicholas P. Sargen
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Nicholas P. Sargen: Fort Washington Investment Advisors

Chapter Chapter 9 in Investing in the Trump Era, 2018, pp 123-135 from Springer

Abstract: Abstract This chapter investigates the impact of globalization on income and employment in the United States, as well as policies that can be pursued to lessen the divide. Many economists favor policies to increase educational attainment for young people, on grounds that returns on investment in human capital are high. Others favor increased taxes on the very wealthy (top one percentile) as a way to narrow income disparities, although research on this issue suggests the effects may be minimal. Also, while Germany’s program of apprenticeships has been very successful, it is not easy to transfer it to America.

Keywords: Favorable Economics; Nontraded Goods Sector; General Agreement On Tariffs And Trade (GATT); GATTGeneral Agreement; Developing Country Debt Crisis (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-76045-2_9

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DOI: 10.1007/978-3-319-76045-2_9

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