| Description |
1 online resource (xv, 73 pages) : color charts |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
| Series |
Research report ; RR-1509-RC |
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Research report (Rand Corporation) ; RR-1509-RC.
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| Note |
"May 23, 2016"--Table of contents page |
| Bibliography |
Includes bibliographical references (pages 65-73). |
| Contents |
1. Introduction -- 2. Framework for understanding inequality in income and opportunity -- 3. Trends in inequality -- 4. The relationship between income inequality and intergenerational transmission of income -- 5. Potential impact of policies on inequality and inequality of opportunity -- 6. Conclusion and road map for further work -- Appdendix A. Factors for the increase in wage inequality -- Appendix B. Reference sources for the Great Gatsby curves -- Appendix C. Results of income support simulation -- Appendix D. Within-country changes in inequality of income and opportunity: analysis for additional countries. |
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Preface -- Figures -- Tables -- Summary -- Acknowledgments -- Abbreviations -- 1. Introduction -- 2. Framework for Understanding Inequality in Income and Opportunity: Concepts and Measures of Inequality and Inequality in Opportunity -- Income Generation and Sources of Income Disparities -- Inequality of Opportunity and the Intergenerational Transmission of Income -- 3. Trends in Inequality: Long-Run Trends in Inequality -- Trends in Income Inequality Since the 1980s -- Wealth Accumulation and Inequality -- Summary of Income Inequality Trends and Their Implications for Welfare and Intergenerational Mobility -- 4. The Relationship Between Income Inequality and Intergenerational Transmission of Income: The Great Gatsby Curve -- Understanding the Relationship Between Income Inequality and Inequality of Opportunity: Evidence on Intergenerational Linkages -- Concluding Remarks -- 5. Potential Impact of Policies on Inequality and Inequality of Opportunity: Review of Direct Impacts -- Toward an Analysis of the Potential of Policies to Reduce Inequality of Income and Opportunities -- 6. Conclusion and Road Map for Further Work -- APPENDIX: A. Factors for the Increase in Wage Inequality -- B. Reference Sources for the Great Gatsby Curves -- C. Results of Income Support Simulation -- D. Within-Country Changes in Inequality of Income and Opportunity: Analysis for Additional Countries -- References. |
| Summary |
"Rising income inequality has the potential to affect outcomes for children whose parents are at the lower end of the income scale by curtailing their opportunities. This report aims to understand the extent to which inequalities in opportunity and outcomes are related--and the mechanisms that drive that relationship--to help evaluate which policies have the most potential to level the playing field. This report reviews recent trends in inequality in outcomes (particularly, income inequality) and proxies for inequality of opportunity (measures of intergenerational transmission of income) and presents evidence on the extent to which they are correlated across countries and within countries across time. We discuss the evidence that shows that inequality in income and wealth has been increasing in the United States and most developed countries since the 1980s and that income inequality and inequality of opportunity are correlated across countries, but proxy measures for inequality of opportunity do not show the same consistently upward trend that was experienced by income inequality. The report then presents a framework to understand the mechanisms underlying the relationship between inequalities in income and opportunity. In light of this framework, we discuss the potential effects of policies on both income and inequality opportunity, and how these can be quantitatively assessed"--Publisher's description |
| Note |
Online resource; title from PDF title page (RAND, viewed May 24, 2016). |
| Subject |
Equality -- Economic aspects -- 21st century.
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Income distribution -- Social aspects -- 21st century.
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Poverty -- Government policy -- 21st century.
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Opportunity -- 21st century.
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Revenu -- Répartition -- Aspect social -- 21e siècle.
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Pauvreté -- Politique gouvernementale -- 21e siècle.
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Occasion (Philosophie) -- 21e siècle.
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BUSINESS & ECONOMICS -- Development -- Economic Development.
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Equality -- Economic aspects
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Income distribution -- Social aspects
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Opportunity
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Poverty -- Government policy
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| Chronological Term |
2000-2099
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| Added Author |
Amaral, Ernesto F. L. (Ernesto Friedrich de Lima), 1977-
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Price, Carter C.
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Huang, Haijing.
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Rand Corporation, publisher, issuing body.
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| Added Title |
Relationship between income inequality and intergenerational transmission of income |
| ISBN |
9780833095855 (electronic bk.) |
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0833095854 (electronic bk.) |
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9780833094889 |
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0833094882 |
| Standard No. |
AU@ 000061153485 |
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GBVCP 1008666874 |
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