A striking feature of U.S. data on income and consumption is that inequality increases with age. Using both panel data …. The joint behavior of earnings and consumption inequality, interpreted using our model, adds to the body of evidence …

2000s. Since the recession, there was a rise in inequality and poverty levels and aggregate welfare decreased. While … average incomes surged from 2017 to 2018 they were still below their peak in 2014. More than 80% of all income growth between … transfers and unemployment compensation failed to address rising inequality and poverty in any significant way. At the same time …

2000s. Since the recession, there was a rise in inequality and poverty levels and aggregate welfare decreased. While … average incomes surged from 2017 to 2018 they were still below their peak in 2014. More than 80% of all income growth between … transfers and unemployment compensation failed to address rising inequality and poverty in any significant way. At the same time …

The paper discusses the concept of polarization of an income distribution and examines the earnings distribution of …, it is shown that the inequality of that distribution is stable and that its degree of polarization has a decreasing trend …. Next, the paper analyses the changes in the inequality between permanent and temporary employees and between those with or …

of inequality in labor income and per capita income in the country. The results showed that, together, the reduction in …The extraordinary events that occurred in the country between 2001-2007, with a sharp decline in inequality and the …-factual simulations, we estimate the contribution of these factors to the decline i) in inequality; ii) the percentage of poor; iii) the …

This paper aims to explain the immediate causes of per capita income growth, the decline in income inequality and … earnings. The fall in income inequality, however, did not display such a clear-cut pattern: the richer regions experienced a … results show that while income growth was higher in the poorer regions, it was generally driven by rising labor market …

families prefer to buy at an early stage of the cycle all the desired stock of durable goods, in order to smooth consumption of …

(approximated) private income elasticity close to 0.4 and credit and interest (semi) elasticities of household consumption close to …This paper presents new econometric specifications for the quarterly behavior of the aggregate consumption of Brazilian … income (in chained 1995 prices) and the credit extended to households (as a % of GDP) as explanatory variables leads to well …