Recent research has documented that income inequality in the United States has increased dramatically over the prior … three decades. There has been less of a consensus, however, on whether the increase in income inequality was matched by an … Study of Income Dynamics to explore the dynamics of alternative measures of consumption inequality. All of our different …

result in income or health gains …

In this paper we propose a method to characterize the time series properties of individual consumption, income and … consumption and the studies that relate innovations to income to innovations to consumption, such as those that have found the so …

and agriculture), and an increase in profit. But this increase in profit was offset by a reduction in income from casual … labor, so overall there was no gain in measured income or consumption. We find suggestive evidence that these results are …

decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each … intergenerational structure of the Panel Study of Income Dynamics. We find that over 60% of shocks to household income are potentially …