Arbeitspapier

Neoliberal redistributive policy: The U.S. net social wage in the 21st century

In this paper, I examine the trends of fiscal transfers between the state and workers during 1959 - 2012 to understand the net impact of redistributive policy in the United States. This paper presents original net social wage data from and analysis based on the replication and extension of Shaikh and Tonak (2002). The paper investigates the appearance of a post-2001 variation in the net social wage data. The positive net social wage in the 21st century is the result of a combination of factors including the growth of income support, healthcare inflation, neoliberal tax reforms, and macroeconomic instability. Growing economic inequality does not appear to alter the results of the net social wage methodology.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2017-18

Classification
Wirtschaft
Fiscal Policy
Incomes Policy; Price Policy
Subject
fiscal policy
net social wage
neoliberalism
social spending
taxation

Event
Geistige Schöpfung
(who)
Moos, Katherine A.
Event
Veröffentlichung
(who)
University of Massachusetts, Department of Economics
(where)
Amherst, MA
(when)
2017

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Moos, Katherine A.
  • University of Massachusetts, Department of Economics

Time of origin

  • 2017

Other Objects (12)