Hohe und weiter steigende Ungleichheit in den USA – politisch nicht gewollt und doch geduldet?
Sell Friedrich L. and
Stiefl Jürgen
Wirtschaftsdienst, 2024, vol. 104, issue 6, 420-426
Abstract:
Looking at both the Gini coefficients ex-ante as well as at the Gini coefficients ex-post reveals that the distribution of personal incomes has become more unequal in the USA in the periods between 1947 and 2020. This paper investigates the possible underlying concepts of income distribution targets and argues, based on empirical findings, that neither clear electoral/partisan cycles nor station-arity (equilibrium) in the figures of income distribution of the USA can be detected. Instead, one observes an unbroken cyclical upward trend in inequality, which contributes significantly to the fission in the US society and economy. Surprisingly, as measured by the results produced by US presidents on the national level since 1947, the Republican Party and the Democratic Party have made similar contributions to lowering the inequality.
JEL-codes: D31 N32 O15 O51 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.2478/wd-2024-0109 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:104:y:2024:i:6:p:420-426:n:1015
DOI: 10.2478/wd-2024-0109
Access Statistics for this article
Wirtschaftsdienst is currently edited by Nicole Waidlein
More articles in Wirtschaftsdienst from Sciendo
Bibliographic data for series maintained by Peter Golla ().