Inequality and Generating Prosperity for Working Families in Rich Countries

Séminaire LIEPP/CEE 3 avril 2019 - 12h30-14h30
  • Actualité Sciences PoActualité Sciences Po
Le LIEPP et le Centre d'Etudes Européennes et de Politique Comparée ont le plaisir de vous inviter au séminaire: 

Inequality and Generating Prosperity for Working Families in Rich Countries

Avec Brian Nolan

Mercredi 3 avril 2019, 12h30 - 14h30

Salle Goguel

Sciences Po, 27 rue Saint-Guillaume, 75007 Paris 

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Présentation: 

 NolanBrian Nolan 

 Professeur de Politique Sociale

 Université d'Oxford

Rising inequality has become such a widespread concern in rich countries primarily because it is seen to be associated with long-term stagnation in living standards for ordinary working households, compounded by the Great Recession. This talk presents the findings of a program of research on inequality and performance in improving ordinary living standards over recent decades across the wealthy nations of OECD, drawing on two recent OUP books, Inequality and Inclusive Growth in Rich Countries: Shared Challenges and Contrasting Fortunes and Generating Prosperity for Working Families in Rich Countries. It highlights the wide variation in performance in generating real income growth around and below the middle, and relates this to what happened to income inequality and economic growth. The divergence between growth in GDP and median incomes is probed. The explanatory power of widely-used country clusters/models with respect to growth in middle and lower incomes is assessed. Analysis of the underlying causal processes highlights the complexity of the impacts of globalization and technological change on wages and household incomes. By looking across this broad canvas, the findings have important lessons for how best to pursue the quest for inclusive growth and prosperity, not least in highlighting the dangers inherent in applying lessons from the US experience across the rich countries more generally.

Discutant:

Palier

 

 

 Bruno Palier

 Sciences Po, CEE & LIEPP, CNRS