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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

Chen says job fit, job happiness can be achieved over time

Highlights

Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

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Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

Xie finds rapid increase in Chinese rich-poor income gap

a PSC In The News reference

"China’s Income Inequality Surpasses U.S., Posing Risk for Xi" - Bloomberg.com. 04/29/2014.

According to a paper in early release by PNAS, China's income inequality almost doubled 1980-2010, and now surpasses that of the US. Yu Xie and coauthor Xiang Zhou say that China's current high income inequality is driven by structural factors, mainly regional disparities and the urban-rural divide, resulting from its political system. Xie says that Chinese people seem to "recognize income inequality as a serious social problem; on the other hand, they seem to ... accept it as a fact of life. Something they have to pay for fast economic growth."

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More Media Coverage:

Bloomberg Businessweek. China's Income-Inequality Gap Widens Beyond U.S. Levels. 4/29/2014.

International Business Times. China's Rich and Poor Gap Surpasses US. 4/29/2014.

Phys.org. Income inequality now greater in China than in US. 4/29/2014.

Quartz. China is hiding how bad income inequality is in the country. 4/29/2014.

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