We use 1995, 2002 and 2013 CHIP data to investigate the urban household consumption expenditure inequality. The overall … inequality of urban household consumption expenditure measured by Gini coefficient slightly decreases from 0.33 in 1995 to 0 …, the percentile ratio of p90/p10 shows that consumption inequality increases all the time. Besides, the inequality of basic …

-section data on income and consumption. Our focus is on the detection of changes in the magnitudes of variances of permanent and … transitory risks. A new approximation to the optimal consumption growth rule is developed. Evidence from a dynamic stochastic … environment. We examine robustness to unobserved heterogeneity in consumption growth and to unobserved heterogeneity in income …

stochastic simulation of consumption choices in a nonstationarity environment is used to show the robustness of the method for … decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …

The nexus between debt and inequality has attracted considerable scholarly attention in the wake of the global … financial crisis. One prominent candidate to explain the striking co-evolution of income inequality and private debt in this … period has been the theory of upward-looking consumption externalities leading to expenditure cascades. We propose a …