Divided We Stand: Why Inequality Keeps Rising
- Organisation for Economic Co-operation and Development (OECD)
This report analyses the major underlying forces behind the developments in the three decades prior to the recent economic downturn, when wage gaps widened and household income inequality increased in a large majority of OECD countries. This occurred even when countries were going through a period of sustained economic and employment growth.
It examines the extent to which economic globalisation, skill-biased technological progress, and institutional and regulatory reforms have had an impact on the distribution of earnings. The report further provides evidence of how changes in family formation and household structures have altered household earnings and income inequality.
Documents how tax and benefit systems have changed in the ways they redistribute household incomes.
Discusses which policies are most promising to counter increases in inequalities and how the policy mix can be adjusted when public budgets are under strain.
|Format||Paperback||Published||19 Dec 2011|
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