Inequality and Industrial Change: A Global View / Edition 1

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The world knows that there is a global crisis of inequality in pay. This book deploys new techniques and a new global data set to advance striking answers to this problem. Chapters trace the U.S. wage structure back to 1920, the relationship of inequality and unemployment in Europe, and the relationships of inequality to economic growth, liberalization, financial crisis, state violence and industrial policy in more than fifty developing countries.

James K. Galbraith, Maureen Berner, Thomas Ferguson, Vidal Garza Cantu, Amy Calistri, Pedro Conceiqao, Pedro Ferreira, Lu Jiaqing, George Purcell, Paulo Du Pin Calmon, Abel Hibert Sanchez, Junmo Kim

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Editorial Reviews

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"This volume provides an excellent source of empirical evidence on global wage inequality, a good theoretical discussion of the economic literature on inequality, and an invaluable tutorial on measuring inequality." Eastern Economic Journal
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Product Details

  • ISBN-13: 9780521009935
  • Publisher: Cambridge University Press
  • Publication date: 4/28/2001
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 336
  • Product dimensions: 6.06 (w) x 9.02 (h) x 0.83 (d)

Table of Contents

1 The Macroeconomics of Income Distribution 3
2 Measuring Inequality and Industrial Change 16
3 The American Wage Structure: 1920-1947 33
4 Inequality in American Manufacturing Wages, 1920-1998: A Revised Estimate 79
5 Interindustry Wage Structures: New Evidence from the OECD 92
6 Inequality and Unemployment in Europe: The American Cure 109
7 Toward a New Kuznets Hypothesis: Theory and Evidence on Growth and Inequality 139
8 Measuring the Evolution of Inequality in the Global Economy 161
9 Economic Regionalization, Inequality, and Financial Crises 186
10 Inequality and State Violence: A Short Report 202
11 Grading the Performance of Latin American Regimes, 1970-1995 212
12 The Evolution of Industrial Earnings Inequality in Mexico and Brazil 227
13 The Legacy of the HCI: An Empirical Analysis of Korean Industrial Policy 238
14 Inequality and Economic Development: Concluding Reflections 256
15 Constructing Long, Dense Time Series of Inequality Using the Theil Index 263
16 Cluster and Discriminant Analysis of Time Series as a Research Tool 280
Data Appendix 287
References and Selected Bibliography 294
Index 313
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