Income Inequality

Paper Summary:

The paper discusses the national and international factors, social factors and micro and macroeconomic forces that affect income inequality in the United States. The paper explains the various indices that are used to calculate income distribution and concludes that all statistical observations and analyses point out that American incomes are extremely unevenly distributed.

Outline:
Abstract
Forces That Influence Income Inequality
Income Inequality Metrics
Conclusions

From the Paper:

"The United States economy is the second largest on the globe, seconded only by the European Union. Praised for numerous achievements, the current economic background is lacking in several areas. Two severe criticisms stand out: a tremendous national debt of the Bush administration spent on national security and the continuous income inequality. Income inequality is a long debated force which still stirs waters. Disclaimers state that income inequality generates mass dissatisfactions and social problems; whereas advocates state that income inequality is itself the force that differentiates and motivates the working class."

Sample of Sources Used:

• Larden, J., Collins, C., Inequality, Demos - A network for Ideas and Action, 2007, http://www.demos.org/inequality/, last accessed on December 11, 2007
• Bernstein, J., The Hierarchy of Income Inequality in the United States, The Multinational Monitor, Volume 24, Number 5, 2003
• Income Inequality Metrics, Wikipedia, The Free Online Encyclopedia, 2007, http://en.wikipedia.org/wiki/Income_inequality_metrics, last accessed on December 10, 2007
• Measuring Inequality, World Bank, 2007, http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTPOVERTY/EXTPA/0,,contentMDK:20238991~menuPK:492138~pagePK:148956~piPK:216618~theSitePK:430367,00.html, last accessed on December 10, 2007
• Damgaard, C., Weiner, J., Describing Inequality in Plant Size or Fecundity, Ecology 81, 2000

More papers on Income Inequality:

• Research Paper # 106197 : "International Trade on Income Inequality"
• Essay # 100112 : "American Income Inequality"
• Term Paper # 134880 : "Poverty and Income Inequality"

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