Leonardi, Marco (2015) How the consumption preferences of rich and poor households is fuelling inequality and job polarization. USApp - American Politics and Policy Blog (23 Sep 2015). Website.
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Abstract
In recent decades the employment structure of the US has been polarizing with low-skill, low-wage and high-skill, high-wage, jobs on the rise at the expense of middle-wage and middle-skill jobs. In new research Marco Leonardi looks at an understudied potential mechanism for this polarization – changes in demand for certain goods and services. Using data from forty years of the Consumer Expenditure Survey, he argues that increasing education levels mean that skill-intensive goods and services tend to be favored by consumers, as are low-skilled services as households substitute them for domestic work.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/usappblog/ |
| Additional Information: | © 2015 The Author(s) CC BY-NC 3.0 |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor J Political Science > JK Political institutions (United States) |
| Date Deposited: | 08 May 2017 07:47 |
| Last Modified: | 11 Dec 2024 14:34 |
| URI: | http://eprints.lse.ac.uk/id/eprint/75762 |
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