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Unequal we stand: an empirical analysis of economic inequality in the United States, 1967-2006

Heathcote, Jonathan; Perri, Fabrizio; Violante, Giovanni L. - Federal Reserve Bank of Minneapolis - 2009

earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in …

Persistent link: https://www.econbiz.de/10008610994

Income inequality and minimum consumption: implications for growth

Allen, Donald S.; Ndikumana, Leonce - Federal Reserve Bank of St. Louis - 1999

We propose a model that recognizes hierarchical goods and income inequality among households. The model demonstrates that growth is impacted not by inequality per se, but "absolute" income distribution or the level of poverty underlying the income distribution. Specifically, when a large...

Persistent link: https://www.econbiz.de/10005360584

Does income inequality lead to consumption equality? evidence and theory

Krueger, Dirk; Perri, Fabrizio - Federal Reserve Bank of Minneapolis - 2005

Using data from the Consumer Expenditure Survey, we first document that the recent increase in income inequality in the United States has not been accompanied by a corresponding rise in consumption inequality. Much of this divergence is due to different trends in within-group inequality, which...

Persistent link: https://www.econbiz.de/10005367623

Using home maintenance and repairs to smooth variable earnings

Gyourko, Joseph; Tracy, Joseph - Federal Reserve Bank of New York - 2003

Recent research indicates that the marked increase in U.S. income inequality over the last twenty-five years has not been matched by a similar increase in consumption inequality. This paper examines the role of saving/dissaving in a house as a vehicle for consumption smoothing. Data from the...

Persistent link: https://www.econbiz.de/10005420677

Life-cycle income and consumption variability

Rupert, Peter; Telmer, Chris - In: Economic Commentary (2001) Mar

By all accounts, economic inequality is growing—the rich are getting richer, and the poor are getting poorer. This Economic Commentary explores inequality in income and consumption and asks whether inequality is determined early in life, before individuals enter the labor market, or whether it...

Persistent link: https://www.econbiz.de/10005512818

Falling behind : how rising inequality harms the middle class

Frank, Robert H. - 2007

Persistent link: https://www.econbiz.de/10004884513

The weight of inequality : variation with industrialization and wealth

Carson, Scott Alan - 2015

, 19th century weight was higher in states with greater average wealth and population density and lower in states with … greater wealth inequality. …

Persistent link: https://www.econbiz.de/10011392586

Critical remarks on Piketty’s "Capital in the Twenty-first Century"

Homburg, Stefan - In: Applied economics 47 (2015) 13/15, pp. 1401-1406

Persistent link: https://www.econbiz.de/10010512052

Beyond income and wealth : sixth Ruggles lecture for the International Association for Research in income and wealth

Fleurbaey, Marc - In: The review of income and wealth : journal of the … 61 (2015) 2, pp. 199-219

Persistent link: https://www.econbiz.de/10011427629

Multidimensional affluence in income and wealth in the Eurozone : a cross-country comparison using the HFCS

Kontbay-Busun, Sine; Peichl, Andreas - 2015

This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …

Persistent link: https://www.econbiz.de/10011288530

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