New Inequalities: The Changing Distribution of Income and Wealth in the United Kingdom

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Starting in the late 1970s and gathering pace in the 1980s, the gaps between rich and poor in the United Kingdom have widened. This book contains results from a major research program that investigated the varied factors that led to this major social and economic change. Aspects covered include the changing shape of the income distributions as a whole, the rising earnings differentials between high paid and low paid, the changing contribution of women's earnings to family incomes, spatial polarization between rich and poor neighborhoods, and the links between income and wealth distributions.

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Product Details

  • ISBN-13: 9780521556989
  • Publisher: Cambridge University Press
  • Publication date: 9/28/2007
  • Pages: 424
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.94 (d)

Table of Contents

List of figures; List of tables; List of contributors; Acknowledgements; 1. Introduction: after the turning point John Hills; Part I. Income Distribution: 2. Seeking to explain the distribution of income A. B. Atkinson; 3. The changing shape of the UK income distribution: kernel density estimates Frank A. Cowell, Stephen P. Jenkins and Julie A Litchfield; 4. UK household cost-of-living indices, 1979-92 Ian Crawford; 5. Cost-of-living differences between the regions of the United Kingdom Vani K. Borooah, Patrick P. L. McGregor, Patricia M. McKee and Gwyneth E. Mulholland; Part II. Components of Income: 6. What has happened to the wages of men since 1966? Amanda Gosling, Stephen Machin and Costas Meghir; 7. Women's pay and family incomes in Britain, 1979-91 Susan Harkness, Stephen Machin and Jane Waldfogel; 8. More work in fewer households? Paul Gregg and Jonathan Wadsworth; 9. Self-employment and the distribution of incomes Nigel Meager, Gill Court and Janet Moralee; 10. Fairer or Fowler? The effects of the 1986 Social Security Act on family incomes Martin Evans; Part III. Spatial Aspects: 11. Aspects of the changing geography of poverty and wealth Anne E. Green; 12. Two nations? Changing patterns of income and wealth in two contrasting areas Michael Noble and George Smith; Part IV. Income and Wealth: 13. Patterns of financial wealth-holding in the United Kingdom James Banks, Andrew Dilnot and Hamish Low; 14. Home-ownership, housing wealth and wealth distribution in Britain Chris Hamnett and Jenny Seavers; Bibliography; Index.

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