Lecture15_inequality

Lecture15_inequality - Agenda for today Review Wikipedia assignment Lecture on inequality Announcement The final exam will be held in WGYOUNG CS76

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Agenda for today • Review Wikipedia assignment • Lecture on inequality • Announcement: The final exam will be held in WGYOUNG CS76 on Monday, March 16 th from 3-6pm. I will hold a final review during the last lecture (Thursday, March 12 th ) and will hold extra office hours on Friday morning, March 13 th . Wikipedia topics: Past class Topics Number Growth/GDP 5 Big business 4 Southern economy/slavery 3 Inequality/mobility 3 Immigration 2 Factories/electrification 2 Women 2 Education 2 Fertility/population 2 Computers 1 Cities 1 Claudia Goldin 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 On the gang system of agriculture: “The gang system is a reference within slavery to a division of labor established on the plantation…It operated as a virtual assembly line of laborers. Many economists believe that the stagnant economic growth in the South from 1865 to 1900 was due to a reorganization of labor away from large plantations with the gang system to smaller tenant farms… On women in the labor force: Traditional gender roles for middle-class women typically involved domestic tasks emphasizing child care, and did not involve entering employment for wages… However, as changes in the labor market came about – particularly, changes from “dirty” factory jobs to “cleaner,” more respectable office jobs – women’s participation in the labor force rose… These changes in the labor force led to changes in the attitudes of women about work, allowing for a “quiet revolution, which resulted in women becoming more career and education oriented.
Background image of page 2
3 Lecture 15: Economic growth… for all? • Class has focused on average living standards (income per capita). But, how is this wealth shared, and how has this changed over time? • Two eras: Declining inequality (1890-1940) and then dramatically rising inequality (1970-2000). – How do we measure inequality? – What are the underlying economic mechanisms? • A tentative look at the 19 th century. Inequality low at founding of the country, rose during era of big business. A brief introduction to income distributions
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
4 Household Income % of individuals who make less than (more than) the specified income A brief introduction to income distributions 10% 90% 50% = median $35,000 $10,000 $100,000 0.1 0.2 0.5
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/13/2009 for the course ECON 183 taught by Professor Boustan during the Winter '09 term at UCLA.

Page1 / 15

Lecture15_inequality - Agenda for today Review Wikipedia assignment Lecture on inequality Announcement The final exam will be held in WGYOUNG CS76

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online