The challenge of how to ensure that working families see their living standards improve over time is central in rich countries. Many argue that conditions are stagnating for many, driving political polarization and threatening social stability. Generating Prosperity for Working Families in Affluent Countries investigates how common such a "squeeze" on middle-income earners has actually been, and what forces underlie it in terms of globalization, technology,
and government policies. Generating Prosperity for Working Families in Affluent Countries presents the findings of a comprehensive analysis of performance in improving living standards
across the wealthy nations of the OECD. It relates performance to overall economic growth, exploring why these often diverge substantially, and to the different models of capitalism or economic growth embedded in each country. Going beyond income, other indicators and aspects of living standards are also incorporated including non-monetary indicators of deprivation and financial strain, wealth and its distribution, and intergenerational mobility. Through looking across this broad canvas, this
book teases out how ordinary households have fared in recent decades in these critically important respects, and how that should inform the quest for inclusive growth and prosperity.
The challenge of how to ensure that working families see their living standards improve over time is central in rich countries. Many argue that conditions are stagnating for many, driving political polarization and threatening social stability. Generating Prosperity for Working Families in Affluent Countries investigates how common such a "squeeze" on middle-income earners has actually been, and what forces underlie it in terms of globalization, technology,
and government policies. Generating Prosperity for Working Families in Affluent Countries presents the findings of a comprehensive analysis of performance in improving living standards
across the wealthy nations of the OECD. It relates performance to overall economic growth, exploring why these often diverge substantially, and to the different models of capitalism or economic growth embedded in each country. Going beyond income, other indicators and aspects of living standards are also incorporated including non-monetary indicators of deprivation and financial strain, wealth and its distribution, and intergenerational mobility. Through looking across this broad canvas, this
book teases out how ordinary households have fared in recent decades in these critically important respects, and how that should inform the quest for inclusive growth and prosperity.
1: Brian Nolan: Introduction
2: Brian Nolan and Stefan Thewissen: The Evolution of Living
Standards for Middle and Lower Income Households in OECD
Countries
3: Brian Nolan and Stefan Thewissen: Inequality and Ordinary Living
Standards in OECD Countries
4: Brian Nolan, Max Roser, and Stefan Thewissen: Median Household
Income and GDP
5: Brian Nolan, Stefan Thewissen, and Alice Lazzati: Sources of
Household Income Growth in Rich Countries
6: Brian Nolan and Chloé Touzet: Evolution of Median and Lower
Incomes across Countries: The Role of Institutions and Growth
"Models"
7: Craig Holmes: The Labour Market: Wage Inequality, Occupations
and Mobility
8: Annalisa Cristini, Andrea Geraci, and John Muellbauer: Sifting
through the ASHE: Job Polarisation and Earnings Inequality in the
UK, 1975-2015
9: Brian Nolan: Minimum Wages and Supporting Wage Growth
10: Brian Nolan, Chrysa Leventi, Holly Sutherland, and Iva Tasseva:
Strengthening Redistribution
11: Marii Paskov, Joan Madia, and Tim Goedemé: Middle and below
living standards: what can we learn from beyond income measures of
economic wellbeing?
12: Salvatore Morelli, Brian Nolan and Philippe van Kerm: Wealth
Inequality
13: Erzsébet Bukodi and Marii Paskov: Income inequality, living
standards and intergenerational social mobility
14: Brian Nolan: Conclusions and Implications
Brian Nolan is Director of the Employment, Equity and Growth Programme at the Institute for New Economic Thinking, Oxford Martin School, Professor of Social Policy at the Department of Social Policy and Social Intervention, and Senior Research Fellow at Nuffield College Oxford. His main areas of research are income inequality, poverty, and the economics of social policy, on which he has published widely.
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