(positive) impact on households' consumption (savings), even after we control for family income. We argue that people save to … consumption is stronger for poorer and younger people, and income inequality stimulates more education investment, which are …

degree of insurance. This, in turn, contributes to persistent racial differentials in life-cycle consumption.Starting from … the same position in the consumption distribution Blacks end up in a lower percentile than Whites after a few decades …. This is particularly marked for those Blacks who start at the top of the consumption distribution, where Whites are much …

With 20 years of PSID data, we document persistent racial differentials in life-cycle consumption dynamics. Starting … from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income … the Whites to prevent them from falling in the lower part of the consumption distribution. …

changes in disposable income around the country's financial crisis in 2008, to plot the life-cycle path of consumption and … income for different education groups and to estimate the level of consumption smoothing. We split households into three … educated engage in more consumption smoothing than those without a university degree. We also construct a measure for marginal …

We use CHIP data from 1995, 2002, and 2013 to investigate inequality in urban household consumption expenditures …. Overall inequality in urban household consumption expenditures measured by the Gini coefficient decreased slightly from 0 … to a greater extent. However, the percentile ratio of p90/p10 shows that consumption inequality always increased. In …

present-consumption standard and rank in the present-consumption distribution. In this way the analysis addresses the saving …This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non …-cooperative game where each player’s payoff depends on her present and future consumption and her rank in the present consumption …

present-consumption standard and rank in the present-consumption distribution. In this way the analysis addresses the saving …This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non …-cooperative game where each player's payoff depends on her present and future consumption and her rank in the present-consumption …