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Unequal Fortunes, Unstable Households: Has Rising Inequality Contributed to Economic Troubles for Households in the USA?

Heather Boushey and Christian E. Weller

Chapter 6 in Wages, Employment, Distribution and Growth, 2006, pp 117-150 from Palgrave Macmillan

Abstract: Abstract For the better part of the past three decades, the US economy has been characterized by a growing income disparity. Rising inequality has taken two forms. The share of national income that has gone to employee compensation has tended to decline, and the distribution of this shrinking share of the pie has become more unequal.

Keywords: Income Inequality; Disposable Income; Labour Income; Wage Inequality; Inequality Measure (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1057/9780230371781_7

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Handle: RePEc:pal:palchp:978-0-230-37178-1_7