Falling behind: How rising inequality harms the middle class

Falling Behind: How Rising Inequality Harms the Middle Class

Volumn , Issue , 2007, Pages

  Frank, Robert H ^a  

^a The Samuel Curtis Johnson Graduate School of Management   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84887684200     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Book

References (96)

1. Ainslie, George. 1992. Picoeconomics. New York: Cambridge University Press.
2. Alesina, Alberto, Rafael Di Tella, and Robert McCulloch. 2001. Inequality and Happiness: Are Europeans and Americans Diff erent? CEPR Discussion Paper no. 2877. London: Centre for Economic Policy Research.
3. Bernheim, B. Douglas, Jonathan Skinner, and Steven Weinberg. 2001. "What Accounts for the Variation in Retirement Wealth among U.S. Households?" American Economic Review 91 (September): 832-857.
4. BlanchXower, David G., and Andrew J. Oswald. 2004. "Well-Being over Time in Britain and the USA." Journal of Public Economics 88, nos. 7- 8 (July): 1359-1386.
5. Bodkin, Ronald G. 1959. "Windfall Income and Consumption." American Economic Review 49 (September): 602-614.
6. Bok, Derek. 1993. The Cost of Talent. New York: Free Press.
7. Boskin, Michael, and E. Sheshinski. 1978. "Optimal Redistributive Taxation When Individual Welfare Depends on Relative Income." Quarterly Journal of Economics 92: 589-601.
8. Bowles, Samuel, and Yongjin Park. 2005. "Emulation, Inequality, and Work Hours: Was Thorstein Veblen Right?" Economic Journal 115, no. 507: 397-412.
9. Bradford, David F. 1980. "The Case for a Personal Consumption Tax." In What Should Be Taxed? ed. Joseph Pechman. Washington, DC: Brookings Institution.
10. Bradsher, Keith. 2002. High and Mighty. New York: Public AVairs Books.
11. Carlsson, Fredrik, Olaf Johansson-Stenman, and Peter Martinsson. 2003. "Do You Enjoy Having More than Others? Survey Evidence of Positional Goods." Goteburg University Working Papers in Economics no. 100, May.
12. Cohen, Brian A., Richard Wiles, Erik Olson, and Chris Campbell. 1996. "Just Add Water." Report for Natural Resources Defense Fund, Environmental Working Group Online, www.ewg.org, May.
13. Copple, James. 1997. "Prepared Testimony before the Senate Committee on Labor and Human Resources." Federal News Service, April 18.
14. Courant, Paul, and Edward M. Gramlich. 1984. "The Expenditure Tax: Has the Idea's Time Finally Come?" In Tax Policy: New Directions and Possibilities.Washington, DC: Center for National Policy.
15. Curiel, Jonathan, Torri Minton, and Ramon McLeod. 1999. "Paying with Their Health: Doctors Say Financial Strain Is Making People Sick." San Francisco Chronicle, April 14.
16. Daly, Martin, Margo Wilson, and Shawn Vasdev. 2001. "Income Inequality and Homicide Rates in Canada and the United States." Canadian Journal of Criminology 43, no. 2 (April): 219-236.
17. Davidson, Richard J. 1992. "Anterior Cerebral Asymmetry and the Nature of Emotion." Brain and Cognition 6: 245-268.
18. Deaton, Angus. 2001. "Inequalities in Income and Inequalities in Health." In The Causes and Consequences of Increasing Inequality, ed. Finis Welch. Chicago: University of Chicago Press.
19. DeLongis, Anita, Susan Folkman, and Richard S. Lazarus. 1988. "The Impact of Daily Stress on Health and Mood: Psychological and Social Resources as Mediators." Journal of Personality and Social Psychology 54: 486-495.
20. Diener, Ed, Ed Sandvik, Larry Seidlitz, and Marissa Diener. 1993. "The Relationship between Income and Subjective Well-Being: Relative or Absolute?" Social Indicators Research 28: 195-223.
21. Diener, Ed, and Eunkiik Suh. 1999. "National DiVerences in Subjective Well-Being." In Well-Being: The Foundations of Hedonic Psychology, ed. D. Kahneman, E. Diener, and N. Schwartz. New York: Russell Sage.
22. Dorris, Gary W. 1996. "Redesigning Regulatory Policy: A Case Study in Urban Smog." PhD dissertation, Cornell University.
23. Duesenberry, James. 1949. Income, Saving, and the Theory of Consumer Behavior. Cambridge, MA: Harvard University Press.
24. Easterlin, Richard. 1974. "Does Economic Growth Improve the Human Lot?" In Nations and Households in Economic Growth: Essays in Honor of Moses Abramovitz, ed. Paul David and Melvin Reder. New York: Academic Press
25. Easterlin, Richard.1995. "Will Raising the Incomes of All Increase the Happiness of All?" Journal of Economic Behavior and Organization 27: 35-47.
26. Elgin, Duane. 1981. Voluntary Simplicity. New York: Morrow.
27. Fisher, Irving, and Herbert W. Fisher. 1942. Constructive Income Taxation. New York: Harper and Brothers.
28. Frank, Robert H. 1984. "Are Workers Paid Their Marginal Products?" American Economic Review 74 (September): 549-571.
29. Frank, Robert H. 1985. Choosing the Right Pond. New York: Oxford University Press.
30. Frank, Robert H. 1996. "Consumption Externalities and the Financing of Social Services." In Individual and Social Responsibility: Child Care, Education, Medical Care, and Long-Term Care in America, ed. Victor R. Fuchs.National Bureau of Economic Research Conference Report. Chicago: University of Chicago Press.
31. Frank, Robert H. 1999. Luxury Fever. New York: Free Press.
32. Frank, Robert H. 2001. "TraYc and Tax Cuts." New York Times, May 11.
33. Frank, Robert H. 2005. "The Estate Tax: EYcient, Fair, and Misunderstood." New York Times, May 12.
34. Frank, Robert H., and Philip Cook. 1995. The Winner-Take-All Society. New York: Free Press.
35. Frank, Robert H., and Adam Seth Levine. 2005. "Expenditure Cascades." Cornell University mimeograph.
36. Friedman, Milton. 1943. "The Tax as a Wartime Measure." American Economic Review 33 (March): 50-62.
37. Friedman, Milton. 1957. A Theory of the Consumption Function. Princeton, NJ: Princeton University Press.
38. Gaiter, Dorothy, and John Brecher. 2002. The Wall Street Journal Guide to Wine, New and Improved: How to Buy, Drink, and Enjoy Wine, 2nd edition. New York: Broadway.
39. Galbraith, John Kenneth. 1958. The Affluent Society. Boston: Houghton MiZin.
40. Glass, D. C., and J. Singer. 1972. Urban Stressors: Experiments on Noise and Social Stressors. New York: Academic Press.
41. Glyn, Andrew, and David Miliband, eds. 1994. Paying for Inequality: The Economic Cost of Social Injustice. London: Rivers Oram.
42. Goleman, Daniel. 1996. "Forget Money; Nothing Can Buy Happiness, Some Researchers Say." New York Times, July 16.
43. Greenstein, Robert, and Isaac Shapiro. 2003. "The New, DeWnitive CBO Data on Income and Tax Trends." Center on Budget and Policy Priorities, September 23. Posted online at www.cbpp.org/9-23- 03tax.htm.
44. Hall, Robert E., and Alvin Rabushka. 1995. The Flat Tax, 2nd edition. Stanford, CA: Hoover Institution.
45. HeVetz, Ori. 2004. "Conspicuous Consumption and the Visibility of Consumption Expenditures." Princeton University Department of Economics mimeograph.
46. Helson, Harry. 1964. Adaptation-Level Theory. New York: Harper and Row.
47. Hirsch, Fred. 1976. Social Limits to Growth. Cambridge, MA: Harvard University Press.
48. Hochman, Harold M., and J. D. Rogers. 1969. "Pareto Optimal Redistribution." American Economic Review 59: 542-557.
49. Ireland, Norman. 1994. "On Limiting the Market for Status Signals." Journal of Public Economics 53: 91-110.
50. Isen, A. M., and P. F. Levin. 1972. "EVects of Feeling Good on Helping: Cookies and Kindness." Journal of Personality and Social Psychology 21: 384-388.
51. Johnson, Dirk. 1998. "When Money Is Everything, Except Hers." New York Times, October 28.
52. Kahneman, Daniel, Ed Diener, and Norbert Schwartz, eds. 1999. Well- Being: The Foundations of Hedonic Psychology. New York: Russell Sage.
53. Kaldor, Nicholas. 1955. An Expenditure Tax. London: Allen and Unwin.
54. Kennedy, Bruce P., Ichiro Kawachi, and Deborah Prothrow-Stith. 1996. "Income Distribution and Mortality: Cross Sectional Ecological Study of the Robin Hood Index in the United States." British Medical Journal 312: 1004-1007.
55. Koslowsky, Meni, Avraham N. Kluger, and Mordechai Reich. 1995. Commuting Stress. New York: Plenum.
56. Kuczynski, Alex. 1998. "A Benz for the Wrist." New York Times, March 8.
57. Landers, Renee M., James B. Rebitzer, and Lowell J. Taylor. 1996. "Rat Race Redux: Adverse Selection in the Determination of Work Hours in Law Firms," American Economic Review 86: 329-348.
58. Layard, Richard. 1980. "Human Satisfactions and Public Policy." Economic Journal 90: 737-750.
59. Liviatan, Nissan. 1963. "Tests of the Permanent-Income Hypothesis Based on a Reinterview Savings Survey." In Measurement in Economics: Studies in Mathematical Economics and Econometrics in Memory of Yehuda Grunfeld, ed. Carl F. Christ and others. Stanford, CA: Stanford University Press.
60. Loeb, Susanna, and Marianne E. Page. 1997. "Examining the Link between Wages and Quality in the Teacher Workforce." University of Michigan Department of Economics mimeograph, October.
61. "Losing the Edge." 2005. Times of India, November 17.
62. Maas, James. 1998. Power Sleep. New York: Villard.
63. Marmot, Michael. 1995. "Social DiVerentials in Mortality: The Whitehall Studies." In Adult Mortality in Developed Countries: From Description to Explanation, ed. Alan D. Lopez, Graziella Casselli, and Tapani Valkonen. New York: Oxford University Press.
64. Marmot, Michael, G. Rose, M. Shipley, and P. J. S. Hamilton. 1978."Employment Grade and Coronary Heart Disease." British Medical Journal 2: 1109-1112.
65. Marmot, Michael, George Davey Smith, S. StanWeld, C. Patel, F. North, J. Head, I. White, E. Brunner, and A. Feeney. 1991. "Health Inequalities among British Civil Servants: The Whitehall II Study." Lancet 337: 1387-1393.
66. Marwick, Charles. 1997. "Putting Money Where the U.S. Mouth Is: Initiative on Food Safety Gets Under Way." Journal of the American Medical Association 277, no. 17 (May 7): 1340-1343.
67. Mazur, Allan. 1983. "Physiology, Dominance, and Aggression in Humans." In Prevention and Control of Aggression, ed. A. Goldstein. New York: Pergamon.
68. Mazur, Allan, and T. Lamb. 1980. "Testosterone, Status, and Mood in Human Males." Hormones and Behavior 14: 236-246.
69. McCaVrey, Ed. 2002. Fair, Not Flat. Chicago: University of Chicago Press.
70. McCoy, Krisha. 2004. "Sleeping Less Than Eight Hours a Night May Stimulate Your Appetite." Women and Infants' Hospital of Rhode Island, www.womenandinfants.com/body.cfm?id=388&chunkiid=88476.
71. McGuire, Mark. 1997. "A Rumble and Everything Went." Albany Times Union, March 30.
72. McLeod, Ramon, Torri Minton, and Jonathon Curiel. 1999. "Making More, Having Less: Bay Area Families Struggle to Earn Middle- Class Status." San Francisco Chronicle, April 13.
73. Neumark, David, and Andrew Postlewaite. 1998. "Relative Income Concerns and the Rise in Married Women's Employment." Journal of Public Economics 70: 157-183.
74. Ng, Yew-Kwang. 1987. "Diamonds Are a Government's Best Friend: Burden-Free Taxes on Goods Valued for Their Values." American Economic Review 77: 186-191.
75. Ostvik-White, Bjornulf. 2003. "Income Inequality and Median House Prices in 200 School Districts." Masters thesis, Cornell University Institute of Public Policy.
76. PR Newswire. 1997. "Oakland Road Commissioners Divert Money for 'Pothole Emergency.' " April 19.
77. Robson, Arthur. 1992. "Status, the Distribution of Wealth, Private and Social Attitudes to Risk." Econometrica 60: 837-857.
78. Rose, R., I. Bernstein, and T. Gordon. 1975. "Consequences of Social ConXict on Plasma Testosterone Levels in Rhesus Monkeys." Psychosomatic Medicine 37: 50-61.
79. Salkin, Allen. 2006. "Pimp My Grill." New York Times, May 28.
80. Schor, Juliet. 1991. The Overworked American. New York: Basic Books.
81. Seidman, Laurence. 1997. The USA Tax: A Progressive Consumption Tax. Cambridge, MA: MIT Press.
82. Sherrod, D. R. 1974. "Crowding, Perceived Control, and Behavioral AftereVects." Journal of Applied Social Psychology 4: 171-186.
83. Sjostrom, Joseph. 1997. "Projects' Delays Add to Expense Down Road; Stalled Projects Just Speed Deterioration of Crumbling Highways." Chicago Tribune, July 31.
84. Smith, Adam. 1776. The Wealth of Nations. Online edition, posted at www.online-literature.com/adam_smith/wealth_nations/.
85. Smith, Robert L., and Robert J. Bush. 1997. "A Qualitative Evaluation of the US Timber Bridge Market." Forest Products Journal 47, no. 1 (January): 37-42.
86. Smolensky, Eugene. 1965. "The Past and Present Poor." In The Concept of Poverty, by Task Force on Economic Growth and Opportunity. Washington, DC: Chamber of Commerce of the United States.
87. Solnick, Sara J., and David Hemenway. 1998. "Is More Always Better?" Journal of Economic Behavior and Organization 37, no. 3: 373-383.
88. Solnick, Sara J., and David Hemenway. 2005. "Are Positional Concerns Stronger in Some Domains Than in Others?" American Economic Review 95, no. 2 (May): 147-151.
89. Stokols, Daniel, Raymond W. Novaco, Jeannette Stokols, and Joan Campbell. 1978. "TraYc Congestion, Type A Behavior, and Stress." Journal of Applied Psychology 63: 467-480.
90. Strack, Fritz, N. Schwarz, B. Chassein, D. Kern, and D. Wagner. 1990. "The Salience of Comparison Standards and the Activation of Social Norms: Consequences for Judgments of Happiness and Their Communication." British Journal of Social Psychology 29 (December): 303-314.
91. Van Voorst, Bruce. 1992. "Why America Has So Many Potholes." Time, May 4, pp. 64-65.
92. Veenhoven, Ruut. 1993. Happiness in Nations: Subjective Appreciation of Life in 56 Nations. Rotterdam: Erasmus University.
93. Warren, Elizabeth, and Amelia Warren Tyagi. 2003. The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke. New York: Basic Books.
94. Wilkinson, Richard G. 1996. Unhealthy Societies: The Afflictions of Inequality. London: Routledge.
95. Wolff, Edward. 1998. "Recent Trends in Wealth Ownership." Paper for the Conference on BeneWts and Mechanisms for Spreading Asset Ownership in the United States, New York University, December.
96. Wuthnow, Robert. 1996. Poor Richard's Principle: Rediscovering the American Dream through the Moral Dimension of Work, Business, and Money. Princeton, NJ: Princeton University Press.