This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Similar articles in Web of Science Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via HighWire Citing Articles via Web of Science (2) Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Morgan, S. L. Articles by Cha, Y. Search for Related Content Social Bookmarking                         What's this?

Rent and the Evolution of Inequality in Late Industrial United States

Cornell University, Ithaca, New York, slm45{at}cornell.edu

Youngjoo Cha

Cornell University, Ithaca, New York, yc328{at}cornell.edu

In this article, the authors present the rent destruction explanation for recent increases in inequality, which can be seen as one facet of a broader sociological explanation focused on class-biased structural change. A sociological depiction of the growth of earnings inequality since the early 1980s is presented using alternative partitions of the labor market, including the dominant sociological class schema that (surprisingly) has been used rarely to describe these trends. Thereafter, the authors attempt to strengthen the evidence for the rent destruction explanation by examining the increase in wealth inequality in the 1990s. After presenting these empirical findings, they discuss the extent to which rent destruction can account uniquely for these patterns, as well as other complementary sociological research on the growth of inequality.

Key Words: class • inequality • wealth • stock • rent

American Behavioral Scientist, Vol. 50, No. 5, 677-701 (2007)
DOI: 10.1177/0002764206295018


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?

This article has been cited by other articles:

				D. A. Green Where Have All the Sociologists Gone? An Economist's Perspective American Behavioral Scientist, January 1, 2007; 50(5): 737 - 747. [Abstract] [PDF]