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Table of Contents
Intro; Preface; Contents; Notes on Contributors; List of Figures; List of Tables; Importance of Tackling Income Inequality and Relevant Economic Policies; 1 Introduction; 2 World State of Inequality; 3 Importance of Tackling Inequality; 4 Inequality and Economic Growth: Wage-Led or Profit-Led Demand; 5 Economic Policies to Tackle Inequality; 6 Summary and Conclusions; References; Financialisation, Financial Crisis and Inequality; 1 Introduction; 2 Financialisation in the Past Four Decades; 3 Trends in Income Distribution and Inequality
4 The Financial Sector and Inequality of Income and Earnings5 Financialisation and Income Distribution; 6 Stratification in the Financial Sector; 7 Financial Deepening and Inequality; 8 Inequality and Financial Crisis; 9 Concluding Comments; References; Inequality and Growth: Marxian and Post-Keynesian/Kaleckian Perspectives on Distribution and Growth Regimes Before and After the Great Recession; 1 Introduction; 2 Stylised Facts: Distribution and Growth Regimes Under Financialisation Before the Crisis
3 Distribution and Growth Before the Crisis: Stylised Facts and Regimes in Stylised Marxian and Kaleckian Models3.1 The Basic Model; 3.2 Marxian Closure, Regime Generation and Effects of Distributional and Behavioural Changes Before the Crisis; 3.3 Kaleckian Closure, Regime Generation and Effects of Distributional and Behavioural Changes Before the Crisis; 4 Distribution and Growth After the Crisis: Regime Changes and Stagnation Tendencies; 5 Summary and Conclusions; References; Theoretical and Empirical Analyses of the Rise of Income Inequality in Rich Countries; 1 Introduction
2 The Determinants of the Labour Share: Theory and Stylised Facts2.1 Financialisation; 2.2 Structural Change; 2.3 Globalisation; 3 Labour Flexibility and Labour Bargaining Power; 4 General Forces Driving Inequality: Globalisation and Financialisation; 5 Financialisation, Welfare Models, and Inequality; 6 Other Determinants of Inequality: De-unionisation, Tax and Labour Market Institutions; 7 Inequality, Financialisation, and Economic Decline; 8 Concluding Remarks; References; Can Tax Reforms Reduce Inequality?; 1 Introduction; 2 Literature Review; 3 Role of Taxes in Inequality
4 The Distributional Impact of Taxes and Transfer in the Emerging Economies4.1 The Distributional Impact of Direct Taxation and Transfers; 4.2 The Distributional Impact of Indirect Taxation and Indirect Subsidies; 4.3 The Distributional Impact of in-Kind Transfers; 5 The Distributional Impact of Taxes and Transfers in the Developed Economies; 6 Policies to Tackle Growing Inequality; 7 Summary and Conclusions; References; Gender Inequality in the Labour Market and the Great Recession; 1 Gender Equality: A Fundamental Human Right
4 The Financial Sector and Inequality of Income and Earnings5 Financialisation and Income Distribution; 6 Stratification in the Financial Sector; 7 Financial Deepening and Inequality; 8 Inequality and Financial Crisis; 9 Concluding Comments; References; Inequality and Growth: Marxian and Post-Keynesian/Kaleckian Perspectives on Distribution and Growth Regimes Before and After the Great Recession; 1 Introduction; 2 Stylised Facts: Distribution and Growth Regimes Under Financialisation Before the Crisis
3 Distribution and Growth Before the Crisis: Stylised Facts and Regimes in Stylised Marxian and Kaleckian Models3.1 The Basic Model; 3.2 Marxian Closure, Regime Generation and Effects of Distributional and Behavioural Changes Before the Crisis; 3.3 Kaleckian Closure, Regime Generation and Effects of Distributional and Behavioural Changes Before the Crisis; 4 Distribution and Growth After the Crisis: Regime Changes and Stagnation Tendencies; 5 Summary and Conclusions; References; Theoretical and Empirical Analyses of the Rise of Income Inequality in Rich Countries; 1 Introduction
2 The Determinants of the Labour Share: Theory and Stylised Facts2.1 Financialisation; 2.2 Structural Change; 2.3 Globalisation; 3 Labour Flexibility and Labour Bargaining Power; 4 General Forces Driving Inequality: Globalisation and Financialisation; 5 Financialisation, Welfare Models, and Inequality; 6 Other Determinants of Inequality: De-unionisation, Tax and Labour Market Institutions; 7 Inequality, Financialisation, and Economic Decline; 8 Concluding Remarks; References; Can Tax Reforms Reduce Inequality?; 1 Introduction; 2 Literature Review; 3 Role of Taxes in Inequality
4 The Distributional Impact of Taxes and Transfer in the Emerging Economies4.1 The Distributional Impact of Direct Taxation and Transfers; 4.2 The Distributional Impact of Indirect Taxation and Indirect Subsidies; 4.3 The Distributional Impact of in-Kind Transfers; 5 The Distributional Impact of Taxes and Transfers in the Developed Economies; 6 Policies to Tackle Growing Inequality; 7 Summary and Conclusions; References; Gender Inequality in the Labour Market and the Great Recession; 1 Gender Equality: A Fundamental Human Right