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On the Welfare Consequences of the Increase in Inequality in the United States
Krueger, Dirk - 2003
We investigate the welfare consequences of the stark increase in wage and earnings inequality in the US over the last 30 years. Our data stems from the Consumer Expenditure Survey, which is the only US data set that contains information on wages, hours worked, earnings and consumption for the...
Persistent link: https://www.econbiz.de/10012468699
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Does Income Inequality Lead to Consumption Inequality? Evidence and Theory
Krueger, Dirk - 2002
This paper first documents the evolution of the cross-sectional income and consumption distribution in the US in the past 25 years. Using data from the Consumer Expenditure Survey we find that a rising income inequality has not been accompanied by a corresponding rise in consumption inequality....
Persistent link: https://www.econbiz.de/10012469507
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Macroeconomics and Household Heterogeneity
Krueger, Dirk - 2016
distribution were affected by income declines, and how they changed their expenditures differentially during the aggregate downturn …
Persistent link: https://www.econbiz.de/10012456356
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How Do Households Respond to Income Shocks?
Krueger, Dirk; Malkov, Egor; Perri, Fabrizio - National Bureau of Economic Research - 2023
components, modest changes in consumption expenditures, and large changes in wealth. We then split the sample in households which …
Persistent link: https://www.econbiz.de/10014437025