Income and Inequality - (Contributions in Economics and Economic History) by Cathy Kassab (Hardcover)

About the Book

The United States is becoming an information-based, service economy with fewer middle-income jobs than in an industrial economy. How does increasing service sector employment affect community income and thus social well-being? This well-documented study assesses the impact of changing levels of employment in the service and manufacturing sectors on the level and distribution of community income.

The study includes both analyses of low-wage and high-wage service and manufacturing sectors and analyses of major segments of the service sector, including business services and retail trade. Measures of social well-being include changes in community aggregate income, aggregate wages and salaries, distribution of income within the community, and the community's position in the regional hierarchy. Particular attention is given to differences in impact on rural and urban communities. The book will be of interest to those concerned with rural economic development and issues related to inequality and economic and industrial change.

Book Synopsis

The United States is becoming an information-based, service economy with fewer middle-income jobs than in an industrial economy. How does increasing service sector employment affect community income and thus social well-being? This well-documented study assesses the impact of changing levels of employment in the service and manufacturing sectors on the level and distribution of community income.

The study includes both analyses of low-wage and high-wage service and manufacturing sectors and analyses of major segments of the service sector, including business services and retail trade. Measures of social well-being include changes in community aggregate income, aggregate wages and salaries, distribution of income within the community, and the community's position in the regional hierarchy. Particular attention is given to differences in impact on rural and urban communities. The book will be of interest to those concerned with rural economic development and issues related to inequality and economic and industrial change.

Review Quotes

?. . . examines the impact of changing levels of employment in the service and manufacturing sectors. It considers how growth in the service sector affects the community income level and its distribution, how changes in the industrial mix of communities affect the distribution of income across places, and how the impact of the service sector on income compares with that of manufacturing.?-The Southern Economic Journal

." . . examines the impact of changing levels of employment in the service and manufacturing sectors. It considers how growth in the service sector affects the community income level and its distribution, how changes in the industrial mix of communities affect the distribution of income across places, and how the impact of the service sector on income compares with that of manufacturing."-The Southern Economic Journal

About the Author

CATHY KASSAB is a research associate with the Center for Health Policy Research at Pennsylvania State University.