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reallocations of time and expenditures across activities. This effect is quantitatively important for welfare inequality. Since 2003 …, the rise in the price of leisure luxuries has reduced welfare inequality while the rise in wage dispersion has increased …
Persistent link: https://www.econbiz.de/10012819005
reallocations of time and expenditures across activities. This effect is quantitatively important for welfare inequality. Since 2003 …, the rise in the price of leisure luxuries has reduced welfare inequality while the rise in wage dispersion has increased …
Persistent link: https://www.econbiz.de/10012792724
We study consumption and welfare inequality by analyzing how households allocate resources—market expenditures and the … rise in consumption inequality between 2004 and 2019 was mostly due to an increase in wage dispersion, while rising prices …, especially of leisure luxuries, had a significant negative effect on inequality. The distinction between luxuries and necessities …
Persistent link: https://www.econbiz.de/10015338906
Persistent link: https://www.econbiz.de/10015399732
We study consumption and welfare inequality by analyzing how households allocate resources - market expenditures and … that the rise in consumption inequality between 2004 and 2019 was mostly due to an increase in wage dispersion, while … rising prices, especially of leisure luxuries, had a significant negative effect on inequality. The distinction between …
Persistent link: https://www.econbiz.de/10015196663
Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or property, and could not obtain a divorce. Women have gradually gained rights in many areas of life, and this legal expansion has been closely intertwined with economic...
Persistent link: https://www.econbiz.de/10013462666
Persistent link: https://www.econbiz.de/10014308202
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Persistent link: https://www.econbiz.de/10013426532