|
|
Article: Income Inequality: A Summary of the Bank's 1998 Symposium.(symposium of Federal Reserve Bank of Kansas City on economic aspects of national income in industrialized countries)
- Article from:
- Economic Review (Kansas City, MO)
- Article date:
- September 22, 1998
- Author:
CopyrightCOPYRIGHT 1998 Federal Reserve Bank of Kansas City. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Income inequality has become an increasingly important public policy issue in industrialized countries in recent years. Although macroeconomic conditions have been favorable in many of these countries, the distribution of income within and across countries has remained uneven. In fact, in several countries, income inequality has risen. As a result, policy-makers have become concerned that large segments of the population are not reaping the benefits of economic growth.
To gain a better understanding of these issues, the Federal Reserve Bank of Kansas City sponsored a symposium titled "Income Inequality: Issues and Policy Options" held at Jackson Hole, Wyoming, ...