Download Neoliberalism, Finance, and Income Inequality: an Examination of Affluent Capitalist Democracies Book

Neoliberalism, Finance, and Income Inequality: an Examination of Affluent Capitalist Democracies PDF
By:Allen Hyde
Published on 2016 by

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In the aftermath of the Great Recession, the dominance of financial markets and their tendency towards crises have resulted in a small global elite capturing huge income increases while many working families have struggled with stagnating wages, job loss, and increasing poverty. At the same time, neoliberal policies, focusing on market deregulation and the decay of social safety nets, have been touted as the way forward despite their potential negative impacts on workers and the poor. In this dissertation, I examine the effects of neoliberalism and financialization on income inequality and distributional dynamics in affluent capitalist democracies in a variety of ways. Using an updated version of the Comparative Welfare States data set, I analyze 18 OECD nations from 1981 to 2011, a period where both neoliberalism and financialization have become the norm. First, I investigate the ways neoliberalism and financialization affect market-generated (pre-tax and pre-transfer) income inequality, redistribution, and state-mediated (post-tax and post-transfer) income inequality. Second, I focus on how these factors determine the top 1% share of total market-generated income because the 1% have experienced the largest financial gains over the last few decades. Third, I incorporate data from the Luxembourg Income Study (LIS) to examine the ways neoliberalism and finance have affected the 90-50 income ratio (comparing the top decile to the median worker), the 50-10 income ratio (comparing the median worker to bottom decile), and the 90-10 income ratio (comparing the top and bottom income deciles). This dissertation contributes to theoretical debates on neoliberalism, financialization, and inequality and provides rigorous empirical testing of current theories. Because the current literature is primarily focused on the United States, this also contributes to the comparative literature on financialization and inequality by focusing more generally on advanced capitalist democracies.

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Download Immigration, Income Inequality and Stochastic Dominance Book

Immigration, Income Inequality and Stochastic Dominance PDF
By:Mehmet Erdem Yaya
Published on 2009 by

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Income inequality and immigration are two important issues with welfare and policy implications which have long been debated across the political spectrum. This dissertation ventures to shed light on some of the important questions related to income inequality and immigration, such as: What is the current level of inequality among immigrant cohorts; what are the determinants of income inequality of immigrants in the United States; how does the income inequality of immigrants change over time; and what is the impact of immigration on the income distribution of the United States? A cross-sectional regression analysis indicates that the variation in income inequality among immigrant cohorts can be explained by a wide range of variables such as median income, education, age, gender, deprivation, geographical dummies, and visa status. Moreover, the analysis demonstrates that immigrant cohorts exhibit substantial progression in their income inequality over time. The results suggest that the initial level of inequality of recent immigrants in comparison to the U.S. is the most important factor explaining the variation in inequality dynamics. More precisely, immigrant cohorts that have inequality that is remarkably different than the host country's inequality exhibit a faster improvement in equality and they follow a more rapid convergence path to the host country's inequality. Finally, the counterfactual effects of immigrants are investigated by decomposing the surveyed sample of more than three million respondents into natives and immigrants. Income inequality of the population is then calculated in the presence and in the absence of each immigrant cohort. The difference between these figures is presented as the distributional effects of immigrants on U.S. income inequality. The results are striking. Even after controlling for the size of the immigrant cohorts, several other factors are found to be significant for the counterfactual effects of immigrants. The immigrant cohorts that have very low and very high income compared to the U.S. average income have disequalizing effects. The findings of this dissertation provide essential information to policymakers. Based on these findings, immigrants can better be evaluated and immigration policy can be redesigned.

This Book was ranked at 7 by Google Books for keyword Income Inequality.

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Download A Comparison of Selected Personnel Management Practices in Michigan Public School Districts to Existing Research in Personnel Management Functions Book

A Comparison of Selected Personnel Management Practices in Michigan Public School Districts to Existing Research in Personnel Management Functions PDF
By:Douglas Boyden Lund
Published on 1972 by

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