2023-09-28 14:46:10 +00:00
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abstract: 'The conventional explanation of raising income inequality is often
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referred to as the market forces hypothesis. Global forces have led to
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structural economic changes in which we now have a two-tiered economy: a
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highly skilled and highly paid economy at the top of the income
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distribution and a poorly skilled and poorly paid economy at the bottom
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of the income distribution. In recent years, however, the conventional
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theory has been called into question by what can be characterized as the
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public policy hypothesis that holds that it is because of public policy,
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both active and passive, that labor market institutions that served to
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bolster incomes of the poor and middle class deteriorated. As a
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consequence of this deterioration, income inequality has only risen.
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Through an examination of data from the Current Population Survey during
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the 2000s, this article seeks to address to what extent these two
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hypotheses are related. Although there is no question that the data does
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support the market forces hypothesis, the data also show that these
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forces may have been exacerbated by the deterioration of important labor
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market institutions.'
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affiliation: 'Levin-Waldman, OM (Corresponding Author), Metropolitan Coll New York,
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Sch Publ Affairs \& Adm, 60 West St, New York, NY 10006 USA.
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Levin-Waldman, Oren M., Metropolitan Coll New York, Publ Policy, New York, NY USA.
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Levin-Waldman, Oren M., Binzagr Inst Sustainable Prosper, Granville, OH USA.'
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article-number: '2158244017704736'
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author: Levin-Waldman, Oren M.
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author-email: olevin-waldman@mcny.edu
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author_list:
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- family: Levin-Waldman
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given: Oren M.
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da: '2023-09-28'
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doi: 10.1177/2158244017704736
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files: []
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issn: 2158-2440
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journal: SAGE OPEN
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keywords: minimum wage; unions; inequality; labor markets; wages; globalism
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keywords-plus: WAGE INEQUALITY; INSTITUTIONS; RISE; EMPLOYMENT; GROWTH; INCOME
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language: English
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month: APR 27
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number: '2'
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number-of-cited-references: '60'
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papis_id: 9b5a5b1d374d7cd2e48762645bd9f421
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ref: Levinwaldman2017isinequality
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times-cited: '1'
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title: Is Inequality Designed or Preordained?
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000400524900001
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usage-count-last-180-days: '0'
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usage-count-since-2013: '3'
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volume: '7'
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web-of-science-categories: Social Sciences, Interdisciplinary
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year: '2017'
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