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Has the Rise in American Inequality Been Exaggerated?

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  • Robert Gordon

Abstract

The author argues that, with proper adjustments, the conventional view about the rise in inequality has been exaggerated. Indeed, in recent periods, most of the inequality can be attributed to gains by a small proportion of very high-income individuals. He proposes a variety of aggressive policies to counteract the levels of inequality found by his analysis.

Suggested Citation

  • Robert Gordon, 2009. "Has the Rise in American Inequality Been Exaggerated?," Challenge, Taylor & Francis Journals, vol. 52(3), pages 92-120.
  • Handle: RePEc:mes:challe:v:52:y:2009:i:3:p:92-120
    DOI: 10.2753/0577-5132520305
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    Cited by:

    1. Nicholas Apergis & Christina Christou & Rangan Gupta & Stephen M. Miller, 2015. "Convergence in Income Inequality: Further Evidence from the Club Clustering Methodology across the U.S. States," Working Papers 201539, University of Pretoria, Department of Economics.
    2. Chang, Shinhye & Gupta, Rangan & Miller, Stephen M. & Wohar, Mark E., 2019. "Growth volatility and inequality in the U.S.: A wavelet analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 521(C), pages 48-73.
    3. Nicholas Apergis & Christina Christou & Rangan Gupta & Stephen M. Miller, 2018. "Convergence in Income Inequality: Further Evidence from the Club Clustering Methodology across States in the U.S," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 24(2), pages 147-161, May.

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