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Growth for Whom?

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  • Pavlina R. Tcherneva

Abstract

In the postwar period, income growth has become more inequitably distributed with virtually every subsequent economic expansion. From 2009 to 2012, while the economy was recovering from one of the biggest economic downturns in recent memory, the top 1 percent took home 95 percent of the income gains. To reverse this pattern, Research Associate Pavlina R. Tcherneva recommends policy strategies to promote growth from the bottom up—to change the income distribution directly by funding employment opportunities in the public, nonprofit, or social entrepreneurial sector.

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  • Pavlina R. Tcherneva, 2014. "Growth for Whom?," Economics One-Pager Archive op_47, Levy Economics Institute.
  • Handle: RePEc:lev:levyop:op_47
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    File URL: http://www.levyinstitute.org/pubs/op_47.pdf
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    Cited by:

    1. Fernando Rios-Avila, 2015. "A Decade of Declining Wages: From Bad to Worse," Economics Policy Note Archive 15-3, Levy Economics Institute.
    2. Pavlina R. Tcherneva, 2015. "When a Rising Tide Sinks Most Boats: Trends in US Income Inequality," Economics Policy Note Archive 15-4, Levy Economics Institute.

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