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Description Macroeconomic Inequality from Reagan to Trump: Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline (Studies in New Economic Thinking)
For five decades, rising US income and wealth inequality has been driven by wage repression and production realignments benefitting the top one percent of households. In this inaugural book for Cambridge Studies in New Economic Thinking, Professor Lance Taylor takes an innovative approach to measuring inequality, providing the first and only full integration of distributional and macro level data for the US. While work by Thomas Piketty and colleagues pursues integration from the income side, Professor Taylor uses data of distributions by size of income and wealth combined with the cost and demand sides, flows of funds, and full balance sheet accounting of real capital and financial claims. This blends measures of inequality with national income and product accounts to show the relationship between productivity and wages at the industry sector level. Taylor assesses the scope and nature of various interventions to reduce income and wealth inequalities using his simulation model, disentangling wage growth and productivity while challenging mainstream models.
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Macroeconomic Inequality from Reagan to Trump ~ These findings operate as characteristics of this new volume, the first in an important new series. Macroeconomic Inequality from Reagan to Trump is certain to be a jewel in its crown.' Geoff Harcourt - Jesus College, Cambridge 'Taylor’s brilliant book on the macroeconomics of inequality in the USA since the mid-1980s is a major contribution.
Summary of the Book Macroeconomic Inequality From Reagan ~ Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.
Macroeconomic inequality from Reagan to Trump : market ~ Get this from a library! Macroeconomic inequality from Reagan to Trump : market power, wage repression, asset price inflation, and industrial decline. [Lance Taylor] -- "This book is about the macroeconomics of inequality in the USA, beginning around 1970. The analysis is based on a data framework combining the distributions by size of income and wealth with the .
Macroeconomic Inequality from Reagan to Trump: Market ~ Macroeconomic Inequality from Reagan to Trump: Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline 170. by Lance Taylor. Paperback $ 29.99. Hardcover. $89.99. . In this inaugural book for Cambridge Studies in New Economic Thinking, .
Macroeconomic Inequality from Reagan to Trump, Market ~ Save on Macroeconomic Inequality from Reagan to Trump, Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline by Lance Taylor. Shop your textbooks from ZookalAU today. For five decades, rising US income and wealth inequality has been driven by wage repression and production realignments benefitting the top one percent of households.
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Institute for New Economic Thinking ~ The Institute for New Economic Thinking, in collaboration with Cambridge University Press, launches a new book series edited by INET Director of Research Thomas Ferguson. The 2008 financial crisis pointed to problems in economic theory that require more than just big data to solve.
Studies in New Economic Thinking - Cambridge Core ~ The 2008 financial crisis pointed to problems in economic theory that require more than just big data to solve. INET's series in New Economic Thinking exists to ensure that innovative work that advances economics and better integrates it with other social sciences and the study of history and institutions can reach a broad audience in a timely way.
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