The United States has posted more than 100 consecutive months of net job gains since the economic recovery began in 2010, making this the longest expansion in seven decades. Yet, for many, wage growth has lagged, leaving many families economically insecure. Meanwhile, job and economic growth continue to accrue in select corners of the nation,…

The economic reforms initiated in India in 1991 have brought about visible upliftment of economic conditions of the country. This paper examines if the economic process is associated with an enhancement of India's social development in equal measure in the reform decade of nineties. Ray (1989) considered thirteen social indicators of India and…

The promise, embraced by governments around the world, is that the knowledge economy will provide knowledge workers with a degree of autonomy and permission to think which enables them to be creative and to attract high incomes. What credence should we give to this promise? The current economic crisis is provoking a reappraisal of both economic…

Discusses errors in appraisals of African-Americans' economic progress in recent history, in order to show that African-Americans have made little progress toward achieving economic equality. Considers the changing roles of African-American and European American women in the labor market as vital to interpreting economic status trends. (JS)

Assessing the economic progress of blacks in the United States during the last decade and a half, this special report is divided into eight chapters. Chapter I provides an overview of the report noting the overall conclusion that the economic position of blacks (as well as that of other racial minority groups and of poor whites) is not likely to…

The changes in income inequality during the post-war period in Japan are investigated quantitatively and extensively in order to shed some light on the relationship between income inequality and the rapid economic development experienced in Japan. Following a presentation of some summary pictures on income inequality in the Japanese society the…

Income inequality in the United States displays considerable variance since the seventeenth century. There is no eternal constancy to the degree of inequality in total income, in labor earnings, or in income from conventional nonhuman wealth either before or after the effects of government taxes and spending. When all the necessary adjustments to…

The major purpose of this paper are to survey the published data on the size distribution of personal income in a number of countries belonging to the Organization for Economic Co-operation and Development (OECD), to point out the shortcomings of currently collected data, and to propose improvements. An important conclusion concerning the first…