hand, we try to identify the consequences of such process in the evolution of income and consumption inequalities. The …) and the savings rates. Second, we compare the values and temporal evolution of income and consumption inequalities. The … the case of consumption inequalities. These inequalities were lower than income inequalities and were kept "artificially …

Housing wealth is about one half of household net worth, and consumption is a considerable fraction (about two thirds … consumption in the same direction. This observation has led many economists, commentators and policy makers to study how housing … wealth and consumption are linked together. A sizable portion of the comovement between housing wealth and consumption …