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Full Description
Arguing that the energy price policies of the 1970s represented a major equity/efficiency trade-off and led to a dramatic decline in the living standard of lower income Americans, this book presents a comprehensive data-based assessment of the plight of lower income households between 1973 and 1983.
Contents
Westview Replica Editions -- Introduction: A Decade of Despair -- Basic Issues -- The Social Question -- The Macroeconomic Background -- Household Impacts -- Energy Consumption in the Home -- Gasoline Consumption and Expenditures -- The Loss of Purchasing Power Suffered by Lower Income Households -- Rising Energy Prices and the Lower Income Rental Housing Market -- The Crisis in the Rental Housing Market and the Role of Energy Prices -- An Assessment of the Impact of Rising Energy Prices on the Low Income Rental Housing Market -- Rising Energy Prices and the Delivery of Public Services -- Public Services and the Lower Income Population -- The Impact of Rising Energy Prices on the Delivery of Public Services -- The End of the Decade -- Methodological Appendix