Income inequality in the United States remained relatively stable for a period of nearly forty years. Beginning in the 1970’s, however, this period of stability ended, as the first signs of widening income inequality became apparent. Over the course of the 1970’s and 1980’s, an increasingl...
reaching a low of about 15% of total income in 1923. After 1923, income inequality began to rise again, reaching a new peak in 1928—just before the crash that would usher in the Great Depression—with the richest 1% possessing 21.3% of all income. Not surprisingly, this rise in ...
However, that wealth is not distributed equally across all parts of the United States. Income inequality in the U.S. is considerable. Despite the more than $135 trillion in total wealth, 11.5% of the U.S. population lived inpovertyin 2022, according to the U.S. Census Bureau.4 Another ...
INCOME INEQUALITY IN THE UNITED STATES: A REVIEW AND ANALYSISOkereke, Godpower O.International Journal of Business & Public Administration
“Rising inequality affects virtually every part of the country, not just large urban areas or financial centers,” said co-author Estelle Sommeiller. Spencer Platt | Getty Images The rich are getting richer and the poor are getting poorer, at least in the United States. The top 1 percent ...
Lane Kenworthy, Yu-Sung Su, and I write: Income inequality in the United States has risen during the past several decades. Has this produced an increase in partisan voting differences between rich and poor? We examine trends from the 1940s through… Related Life Expectancy and Health Spending...
Americans in the bottom half of the country's income distribution have seen their income stalled since 1980, while those on the upper rungs enjoy income growth, according to new research.
2009. Convergence in income inequality in the United States: A nonparametric analysis. Applied Economic Letters, 16, 1365-1368.Ezcurra, Roberto, and Pedro Pascual. 2009. "Convergence in income inequality in the United States: a nonparametric analysis," Applied Economics Letters 16:1365-1368....
Examines the relation between health outcomes and the equality with which income is distributed in the United States. Calculation of changes in income inequality for the 50 states in 1980 and 1990; Differences that parallel relative investments in human and social capital; Impact of economic policies...
Calculation of changes in income inequality for the 50 states in 1980 and 1990; Differences that parallel relative investments in human and social capital; Impact of economic policies that influence income and wealth inequality. INSET: Key messages..Kaplan...