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Tuesday, August 05, 2014

'The Missing Women in the Inequality Discussion'

This is from Caroline Freund and Sarah Oliver:

The Missing Women in the Inequality Discussion, by Caroline Freund and Sarah Oliver: Growing inequality of income and wealth has become a major global concern. In many countries inequality has been driven by weak earnings growth not only among the poor but also among groups across much of the income distribution, while earnings of the top 1 percent continue to rise dramatically.
A clear but often overlooked feature of this discussion is that the fantastic gains at the top of the distribution are almost entirely accruing to men. One reason it is overlooked is that income and wealth inequality are measured at the household level. But one person in the household typically earns and controls the money, and that person is almost always a man. The concentration of income and wealth in the hands of men should reinforce the call to undertake greater redistributive policies. ...
The growing concentration of wealth in the hands of a few is itself disturbing. That these few are almost all men makes it even more so.

    Posted by on Tuesday, August 5, 2014 at 08:27 AM in Economics, Income Distribution | Permalink  Comments (40)



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