SOCI 152 Lecture Notes - Lecture 4: Aid To Families With Dependent Children, Temporary Assistance For Needy Families, Real Income
Document Summary
Can now visualize distance between lower-income and upper-income relative to others within the country. Can now calculate gini or other measure of within country inequality. Real income gap: comparing between nations requires currency and ppp (purchasing power parity) conversion for basket of goods . Can also index to a starting year to determine over time patterns. Ex: index everything to 1999 and set it to 100. Increase due to pushing single-mothers into work. Afdc (aid to families with dependent children) to tanf (temporary assistance for needy families) Weakness of p90/p10 standard measure: we don"t know what"s going on in the middle. Market conditioning: nations differ in wages (legislation, unions, skills/edu, types of jobs, productivity, etc) More low-wage workers trends to have lower incomes compared to median, wages via legislation, unions, skills, etc. More low-wage workers tend to have greater inequality in low-end incomes compared to median. Cannot say anything about actual wage, only relative.
