From Earnings Inequality to Consumption Inequality
This paper studies the paths from inequality in earnings to inequality in household consumption. We show that careful study of the evolution of the variances and covariances of earnings and consumption within cohorts across time can identify permanent and transitory shocks. We present an application to the evolution of inequality in the United Kingdom. We extend previous results to recognise separate earnings of partners in couples. Copyright Royal Economic Society 2002.
Year of publication: |
2002
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Authors: | Attanasio, Orazio ; Berloffa, Gabriella ; Blundell, Richard ; Preston, Ian |
Published in: |
Economic Journal. - Royal Economic Society - RES, ISSN 1468-0297. - Vol. 112.2002, 478, p. 52-52
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Publisher: |
Royal Economic Society - RES |
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