the 2 Minute Paper

Our 2min summaries provide a quick overview of academic papers on inequality (and some books). The idea of the 2-minute paper is to crowd-source a literature review that is useful to our group members. If you've recently read an interesting paper or book and would like to submit a summary, please visit our submission page.

The Book can be accessed here.

Summary:  Extreme economic inequality is widely seen as a serious threat to the future of stable and vibrant capitalist democracies. In 2015, the World Economic Forum in Davos identified deepening income inequality as the number one challenge of our time. As many political observers...

The paper can be accessed here

The point: I tried to demonstrate the relationship between the positive evolution of social policies in Brazil during 2004 – 2014 with the expressive decline in poverty and inequality. Especially the period after 2004 was a different period for the Brazilian economy, with sustained...

January 22, 2017

Restricted access to the paper here

The Point: Atkinson tries to "inject a more optimistic note into the debate about inequality.” He argues that high levels of inequality are not inevitable and puts forward ‘old’ and ‘new’ measures that can reduce inequality. Old proposals include - increase progressive income...

January 22, 2017

Restricted access to the paper here

The Point: Tony Atkinson argues why we need to incorporate the income distribution into economic analysis and gives examples of recent attempts in this area. In order to achieve this, the economic discipline needs to learn from other disciplines such as sociology and politica...

January 22, 2017

A copy of the paper can be found here.

The Point: Capital is back. Over the period 1870-2010, the wealth-income ratio has followed a U-shaped pattern. The nature of wealth has changed over the period 1700-2010, note the increasing role of housing after 1970. The low wealth-income ratio in the 1950s-70s is attribu...

January 17, 2017

A copy of the paper can be found here

The Point: Inequality in longevity is one of the most poignant forms of health inequality. Previous studies have focused on the statistically significant relationship between educational inequalities and life span variation in European countries (van Raalte AA, Kunst AE, De...

May 17, 2016

The Point: This paper looks at the overall gains in life expectancy in the United States and contributes to the discussion of how equally or unequally these gains have been distributed across different segments of the population.

 

Although, life expectancy in the United States has been growing since the 1990s, qu...

May 12, 2016

The  Point: The "99%" and the "1%" - we often talk about these groups as if they are static, frozen in time, but are they?

 

Hirschl and Rank draw light into the dynamic nature of inequality in this paper by attempting to calculate the likelihood that an American, at some point between the ages of 25 and 60,...

May 8, 2016

The Point: Rognlie starts by highlighting the link between recent discussions on inequality and the area of macroeconomic research dealing with capital and labor shares of income. 

 

Piketty, for example, argues that the high concentration of capital in the hands of a few, and returns on capital, which exceed...

January 5, 2016

The new study released on Dec. 9 by the Pew Research Center can be found here.

 

The Point: The study discusses the shrinking middle class and considers what that shrinking means for the upper and lower income tiers in America.

 

Tyler Cowen over at Marginal Revolution suggests that we start talking about the bottom...

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