Overview

With the increased interest in the role of inequality in modern economies, this timely and original book explores income distribution as an equilibrium phenomenon.

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9781783472369

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Reviews

`The study of income inequality is of fundamental importance to economics, although it has been largely overlooked since the 1980s. This book provides a long-overdue review of the study of income inequality and of its importance both to the economic welfare of modern advanced economies and their social cohesion. This book both widens the traditional scope of the subject to include, for example, the long-run effects of globalisation on income inequality, but also integrates the various models models to provide a coherent and consistent analysis of this important issue.' -- Eric J. Pentecost, Loughborough University, UK `This thoroughly researched volume will contribute massively to our understanding of income distribution and of the highly complex roots of inequality, will generate more research on the many linkages that the author has found between different factors, and will generally be the point from which future research in the field sets out.' -- Citizen's Income `Sell's book provides a welcome addition to the recent array of books on inequality. It combines empirical discussion with a solid discussion of existing theory combined with original ideas on what might be driving inequality and how policy can affect it. I recommend this book be read by undergraduates interested in the topic as well as by more advanced researchers and practitioners alike.' -- Journal of Economics / Zeitschrift fur Nationaloekonomie

'The study of income inequality is of fundamental importance to economics, although it has been largely overlooked since the 1980s. This book provides a long-overdue review of the study of income inequality and of its importance both to the economic welfare of modern advanced economies and their social cohesion. This book both widens the traditional scope of the subject to include, for example, the long-run effects of globalisation on income inequality, but also integrates the various models models to provide a coherent and consistent analysis of this important issue.' -- Eric J. Pentecost, Loughborough University, UK 'This thoroughly researched volume will contribute massively to our understanding of income distribution and of the highly complex roots of inequality, will generate more research on the many linkages that the author has found between different factors, and will generally be the point from which future research in the field sets out.' -- Citizen's Income

`The study of income inequality is of fundamental importance to economics, although it has been largely overlooked since the 1980s. This book provides a long-overdue review of the study of income inequality and of its importance both to the economic welfare of modern advanced economies and their social cohesion. This book both widens the traditional scope of the subject to include, for example, the long-run effects of globalisation on income inequality, but also integrates the various models models to provide a coherent and consistent analysis of this important issue.' -- Eric J. Pentecost, Loughborough University, UK `This thoroughly researched volume will contribute massively to our understanding of income distribution and of the highly complex roots of inequality, will generate more research on the many linkages that the author has found between different factors, and will generally be the point from which future research in the field sets out.' -- Citizen's Income `Sell's book provides a welcome addition to the recent array of books on inequality. It combines empirical discussion with a solid discussion of existing theory combined with original ideas on what might be driving inequality and how policy can affect it. I recommend this book be read by undergraduates interested in the topic as well as by more advanced researchers and practitioners alike.' -- Journal of Economics / Zeitschrift fur Nationalokonomie

Author Information

Friedrich L. Sell, formerly Professor of Macroeconomics and Economic Policy, Universität der Bundeswehr München, Germany

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