Consumption and Social Welfare

Name: Consumption and Social Welfare: Living Standards and Their Distribution in the United States
Brand: Cambridge University Press
SKU: 9780521021760
Price: 3936.00 INR
Availability: InStock

Living Standards and Their Distribution in the United States

by Daniel T. Slesnick

Cambridge University Press

₹3,936

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From the publisher

The most widely-cited social welfare statistics in the United States are based on tabulations on family income. The picture that emerges is cause for concern; median family income has hardly changed over the past 25 years while inequality has increased and poverty remained persistently high. Yet, consumption-based statistics as employed in this work yield rigorous and quite different estimates of real individual and social welfare.

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