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Rent and the Evolution of Inequality in Late Industrial United States

Bibliographic Data

ID3757238
AuthorsStephen L Morgan (0000-0003-2198-1381, Cornell University, Ithaca, New York,, corresponding author), Youngjoo Cha (0000-0003-1482-648X, Cornell University, Ithaca, New York,, corresponding author)
Year2007
Volume50
Issue5
Pages677-701
Publication date2007-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Behavioral Scientist (JOURNAL)
Journal identifiersISSN: 0002-7642 • E-ISSN: 1552-3381
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0002764206295018
OpenAlexW2072574152
LanguageEN
Citations received27
References cited37

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

Demographic economics · Earnings · Economic inequality · Economics · Inequality · Labour economics · Neoclassical economics · Positive economics · Social inequality · Social science · Sociological research · Sociology · Employment and Welfare Studies · Housing, Finance, and Neoliberalism · Labor market dynamics and wage inequality

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Unique citing works27
Citations per year1,42
Citation span2007 - 2026 (20)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 27

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