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How the consumption preferences of rich and poor households is fuelling inequality and job polarization.

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; Online
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)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 08 May 2017 07:47
Last Modified: 29 May 2020 23:23
URI: http://eprints.lse.ac.uk/id/eprint/75762

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