CEPR Seminar 3: The Long Slide Down and Apart: U.S. Labor Markets
49:06
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3 years ago
The United States has always been a highly unequal country, but inequality increased particularly sharply between the end of the 1970s and the present. First, we'll take a look at post-World-War-II trends in three crucial economic distributions -- wages, income, and wealth. Then, we'll relate the widening economic inequality since the late 1970s to a constellation of concrete economic policies, including macroeconomic policy, a stagnating minimum wage, the assault on US unions, deregulation, privatization, and corporate globalization.
***
See Dr. Schmitt's PowerPoint presentation here:
http://www.cepr.net/seminars/powerpoints/2005_09_29.ppt
*** See his related paper, "Labor Markets and Economic Inequality in the United States Since the End of the 1970s," here:
http://www.cepr.net/publications/labor_markets_2005_04.pdfThe United States has always been a highly unequal country, but inequality increased particularly sharply between the end of the 1970s and t...all »The United States has always been a highly unequal country, but inequality increased particularly sharply between the end of the 1970s and the present. First, we'll take a look at post-World-War-II trends in three crucial economic distributions -- wages, income, and wealth. Then, we'll relate the widening economic inequality since the late 1970s to a constellation of concrete economic policies, including macroeconomic policy, a stagnating minimum wage, the assault on US unions, deregulation, privatization, and corporate globalization.
***
See Dr. Schmitt's PowerPoint presentation here:
http://www.cepr.net/seminars/powerpoints/2005_09_29.ppt
*** See his related paper, "Labor Markets and Economic Inequality in the United States Since the End of the 1970s," here:
http://www.cepr.net/publications/labor_markets_2005_04.pdf«
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