empirically the wage gap as well as consumption expenditure parity between public and private sector workers. It tests the … hypothesis that despite a lower level of public sector income in some of the quantiles, if the level of durable goods consumption … income among the public sector workers. The 2004-05 survey of income and consumption by workers in both private and public …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the …

expenditure or their consumption of directly child-related goods and services. Instead, eligible mothers stayed out of the labor …

In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that … incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for … the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non …

on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable lifecycle … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

Consumption expenditure declines sharply at the time of retirement for many households, but the majority maintain a … smooth consumption path. A simple life cycle model with uncertainty about the time of retirement can account for this pattern … consumption expenditure at retirement generated by the model is zero, while the mean is negative, matching the HRS data. However …

most of them focus on income or earnings inequality. In this paper, we investigate the consumption disparity between urban … consumption disparity. The price effect is the dominant factor for the urban-rural consumption disparity. This disparity increased … this increase was mainly from the higher growth rate of urban household consumption. Our results also suggest that rural …