Conclusions and Implications

2018 ◽  
Author(s):  
Brian Nolan
Keyword(s):  
Real Income ◽  
Living Standards ◽  
Income Growth ◽  
Common Elements ◽  
Wage Setting ◽  
Market Institutions ◽  
Individual Country ◽  
Country Case Study ◽  
Welfare State Regimes

This chapter brings together the findings from the ten individual country case-study chapters to highlight the lessons to be learned about inequality and living standards. It highlights the extent to which countries facing what might be thought of as common drivers in terms of globalization and technological change none the less had very different outcomes in terms of increases in inequality and real income growth. This variation did not align neatly with pre-existing welfare-state regimes or economic models, but some common elements can be identified in countries or periods where increases in inequality were limited, and ones where significant real income increases were achieved. The chapter brings out the implications in terms of macroeconomic policy, employment, wage-setting, and labour-market institutions and policies, and redistributive mechanisms as well as broader social provision and supports.

The Evolution of Living Standards for Middle and Lower Income Households in OECD Countries

2018 ◽  
Author(s):  
Brian Nolan ◽  
Stefan Thewissen
Keyword(s):  
Comparative Analysis ◽  
Income Distribution ◽  
Real Income ◽  
Living Standards ◽  
Entire Population ◽  
Income Growth ◽  
Lower Income ◽  
Working Age ◽  
The Rich ◽  
Rich Countries

This chapter carries out and presents the findings from an in-depth comparative analysis of real income growth around and below the middle of the income distribution across the rich countries of the OECD over recent decades. It examines trends in real incomes for the entire population and for working age households only, and sets the evolution of incomes around the middle in each country against what has been happening lower down and higher up the distribution. This allows the range of experiences across countries in these terms to be captured, providing the base which subsequent chapters seek to probe and get behind.

Inequality and Ordinary Living Standards in OECD Countries

2018 ◽  
Author(s):  
Brian Nolan ◽  
Stefan Thewissen
Keyword(s):  
Empirical Relationship ◽  
Real Income ◽  
Living Standards ◽  
Income Growth ◽  
Lower Income ◽  
Key Factors ◽  
Recent Commentary ◽  
The Rich ◽  
Rich Countries ◽  
Distribution Of Income

This chapter focuses on how the patterns of real income growth or stagnation seen in Chapter 2 are related to changes to inequality in the distribution of income, which has played such a prominent role in recent commentary and debate. It examines how income inequality has evolved over recent decades across the rich countries, both overall and in terms of the share going to the very top of the distribution, and highlights key factors in driving inequality upwards—albeit differentially across countries and time-periods. The ways in which rising inequality may undermine real income growth for middle and lower income households are discussed, and the empirical relationship between inequality and such real income growth over recent decades across the rich countries is analysed. Alongside real income growth or its absence, some other ways of looking at whether ‘the middle’ has been ‘squeezed’ in income terms are also explored.

Median Household Income and GDP

2018 ◽  
Author(s):  
Brian Nolan ◽  
Max Roser ◽  
Stefan Thewissen
Keyword(s):  
Household Income ◽  
National Income ◽  
Real Income ◽  
Living Standards ◽  
Income Growth ◽  
Median Household Income ◽  
Macroeconomic Performance ◽  
Potential Explanation ◽  
Over Time

This chapter investigates the extent to which real income growth for households around the middle is seen to diverge from growth in national income per head—the most widely-used metric for assessing overall macroeconomic performance. While the concentration of income gains at the top of the distribution examined in Chapter 3 is one potential explanation, it is by no means the only one. A range of distinct factors that may contribute are described and their importance assessed across countries and over time. The implications are brought out both for understanding what drives ordinary living standards and for how they are best monitored and assessed.

Inequality and Living Standards

2018 ◽  
Author(s):  
Michael Förster ◽  
Brian Nolan
Keyword(s):  
Income Inequality ◽  
Income Distribution ◽  
Real Income ◽  
Comparative Data ◽  
Living Standards ◽  
Income Growth ◽  
The Rich ◽  
Rich Countries

This chapter provides an overview of how inequality and living standards have evolved across the rich countries of the OECD in recent decades, of the factors driving income inequality upwards in many of them, and of the channels through which this may undermine real income growth and opportunity for households across the middle and lower parts of the income distribution. It presents an overview of key trends drawing on comparative data from the OECD’s Income Distribution Database. It reviews existing evidence on the drivers of income inequality and on how inequality may affect income growth around the middle. It highlights key gaps in knowledge, to be addressed by the in-depth examination of the varying experiences of a range of rich countries in this book.

Generating Prosperity for Working Families in Affluent Countries

2018 ◽  
Keyword(s):  
Economic Growth ◽  
Real Income ◽  
Living Standards ◽  
Financial Strain ◽  
Inclusive Growth ◽  
Working Families ◽  
The Rich ◽  
Rich Countries ◽  
Analysis Of Performance

This book addresses the central challenge facing rich countries: how to ensure that ordinary working families see their living standards and the prospects for their children improve rather than stagnate over time. It presents the findings from a comprehensive analysis of performance over recent decades across the rich countries of the OECD, in terms of real income growth around and below the middle. It relates this performance to overall economic growth, exploring why these often diverge substantially, and to the different models of capitalism or economic growth embedded in different countries. In-depth comparative and UK-focused analyses also focus on wages and the labour market and on the role of redistribution. Going beyond income, other indicators and aspects of living standards are also incorporated including non-monetary indicators of deprivation and financial strain, wealth and its distribution, and intergenerational mobility. By looking across this broad canvas, the book teases out how ordinary households have fared in recent decades in these critically important respects, and how that should inform the quest for inclusive growth and prosperity.

Transdiagnostic Approaches With Children

2018 ◽  
Author(s):  
Andrea B. Temkin ◽  
Mina Yadegar ◽  
Christine Cho ◽  
Brian C. Chu
Keyword(s):  
Mental Disorders ◽  
Externalizing Symptoms ◽  
Case Conceptualization ◽  
Common Elements ◽  
Transdiagnostic Treatment ◽  
Treatment Models ◽  
Different Types ◽  
Internalizing And Externalizing ◽  
Internalizing And Externalizing Symptoms

In recent years, the field of clinical psychology has seen a growing movement toward the research and development of transdiagnostic treatments. Transdiagnostic approaches have the potential to address numerous issues related to the development and treatment of mental disorders. Among these are the high rates of comorbidity across disorders, the increasing need for efficient protocols, and the call for treatments that can be more easily disseminated. This chapter provides a review of the current transdiagnostic treatment approaches for the treatment of youth mental disorders. Three different types of transdiagnostic protocols are examined: mechanism-based protocols, common elements treatments, and general treatment models that originated from single-disorder approaches to have broader reach. A case study illuminates how a mechanism-based approach would inform case conceptualization for a client presenting with internalizing and externalizing symptoms and how a transdiagnostic framework translates into practice.

scholarly journals Do Tourism Activities and Urbanization Drive Material Consumption in the OECD Countries? A Quantile Regression Approach

2021 ◽  
Vol 13 (14) ◽  
pp. 7742
Author(s):  
Taiwo Temitope Lasisi ◽  
Kayode Kolawole Eluwole ◽  
Uju Violet Alola ◽  
Luigi Aldieri ◽  
Concetto Paolo Vinci ◽  
...  
Keyword(s):  
Sustainable Consumption ◽  
Oecd Countries ◽  
Real Income ◽  
Income Growth ◽  
Material Consumption ◽  
Domestic Consumption ◽  
Sustainable Consumption And Production ◽  
Global Goal ◽  
Development Goals ◽  
Two Parameters

The United Nations Sustainable Development Goals (UNSDGs) elaborately encompass a global goal for sustainable consumption and production (Goal 12: SDGs), thus providing potential drivers and/or pathways to attaining sustainable consumption. In view of this global goal, this study examined the role of real income per capita, urbanization and especially inbound tourism in domestic material consumption for the panel of OECD countries. The study is conducted for the period of 1995 to 2016 by employing the panel quantile approach. Interestingly, an inverted U-shaped relationship between outbound tourism and domestic material consumption is established across the quantiles, thus indicating that sustainable domestic consumption is achievable after a threshold of domestic material consumption is attained. In addition, achieving sustainable consumption through economic or income growth is a herculean task for the OECD countries because the current reality indicates that income growth triggers higher consumption of domestic materials. However, the results suggest that urbanization is a recipe for sustainable domestic consumption since there is a negative and significant relationship between the two parameters across the quantiles. Nevertheless, the study presents relevant policy for efficient material and resources utilization and that is suitable to drive the SDGs for 2030 and other country-specific sustainable ambitions.

Sign in / Sign up

Export Citation Format

Share Document