Income Inequality in the United States Today

Mark Stelzner

Chapter 1 in Economic Inequality and Policy Control in the United States, 2015, pp 1-18 from Palgrave Macmillan

Abstract: Abstract In the first chapter, I analyze the evolution of income inequality in the United States from the 1950s to present. I show that the share of national income going to those in the upper reaches of the income ladder has increased considerably over the last three and a half decades, and that explaining the change in top wage incomes, which predominately include non-financial sector CEO remuneration, is central to understanding these changes. I also explore SBTC—the theory for the increase in wage income inequality which, at least until recently, has the most support from economists and politicians. Finding SBTC lacking, I end the chapter in suspense.

Keywords: Income Inequality; Technological Change; Economic Inequality; Wage Inequality; Income Share (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38811-7_1

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DOI: 10.1057/9781137388117_1

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