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The squeezed middle : the pressure on ordinary workers in America and Britain.

Author: Sophia Parker
Publisher: Bristol : Policy Press, 2013.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
The squeezed middle"" brings together leading experts from both sides of the Atlantic to ask what the UK can learn from the US experience of stagnating wages and rising living costs.""
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Parker, Sophia.
Squeezed middle : The pressure on ordinary workers in America and Britain.
Bristol : The Policy Press, ©2013
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sophia Parker
ISBN: 9781447308959 1447308956 144730893X 9781447308935 9781283975162 1283975165
OCLC Number: 827208784
Description: 1 online resource (183 pages)
Contents: The squeezed middle; Contents; List of tables and figures; Notes on contributors; Foreword; A note on terminology; Introduction; Core themes of this volume; Introducing the contributions to the volume; A wake-up call for the UK; Section 1: Setting the scene:a rising tide no longer lifts all boats; 1.1: A lost decade, not a burst bubble: the declining living standards of middle-class households in the US and Britain; The long-term stagnation of median household income; What lies behind this story?; Looking ahead; 1.2: Rising incomes and modest inequality: the high-employment route. The broken link between economic growth and wagesRising market inequality; Redistributive mechanisms are under increasing pressure; A high-employment route; How to do it; How much additional revenue?; A future of lousy jobs?; One piece of the puzzle; Section 2: Policy lessons:creating quality work, raisingincomes and building greatereconomic security; 2.1: Improving job quality in low-paid jobs: care workers in the US; A Cinderella workforce; Improving job quality in an era of home-based care; Conclusion; 2.2: Employment change and economic vulnerability in the US. America's distinctive contextExploring dimensions of economic vulnerability; Concluding thoughts; 2.3: New evidence and new directions for promoting labour market advancement for low and modest earners; Findings from the American Employment Retention and Advancement evaluations; The UK Employment Retention and Advancement Demonstration; Key findings from the UK Employment Retention and Advancement Demonstration5; WorkAdvance: a 'next-generation' advancement programme; Conclusion; 2.4: Boosting the pay packets of low- to middle-income families; A brief history of tax credits. The impact of tax credits on work incentivesTax credits versus low wages: compliments or substitutes?; Conclusion: the politics of boosting pay packets; 2.5: Strategies to expand the affordable private rental stock; Low Income Housing Tax Credits; Real Estate Investment Trusts; Tax increment financing; Conclusions; 2.6: Insulating middle-income households from economic insecurity: why savings matter, and how we can increase them; The difference that savings can make; Three innovations that support saving activity; Conclusion; Section 3: Looking ahead: a cautionary tale. 3.1: The path to post-recession prosperityAusterity or prosperity?; The revenue path to prosperity; The spending path to prosperity; Conclusion; 3.2: How US politics is undermining the American Dream, and what it means for the UK; The middle class and its discontents; The political roots of middle-class strains; Lessons for the UK; 3.3: Conclusion: learning the lessons; Achieving better wage growth; Meaningful protection against risks; The new needs of working families; Voice, power and decision-making; A squeezed decade; Index.

Abstract:

"The squeezed middle" brings together leading experts from both sides of the Atlantic to ask what the UK can learn from the US experience of stagnating wages and rising living costs.  Read more...

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Sophia Parker is an Associate at the Resolution Foundation, having previously been the Director of Policy and Research. This book is the product of a year-long visiting fellowship at Harvard Read more...

 
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