. Moreover, there is some evidence that high income inequality or a high share of low income individuals reduces consumption … smoothing in less developed countries. Lack of financial reforms, a lower degree of financial integration and higher inequality …

-of-thumb consumers. We demonstrate that an unexpected increase in government spending increases income inequality and decreases wealth … inequality. In contrast to the conventional wisdom that the financing of additional expenditures by debt rather than taxes …

inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks …

homogeneous MPC rates. Consumption inequality is countercyclical in this setting and a high degree of leverage amplifies the …

This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …

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 …

affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission - net interest …

A method to impute consumption expenditure inequality between wealth groups in the Survey of Consumer Finances is … increases in wealth inequality have passed through to consumption. Repeating this exercise in the Panel Study of Income Dynamics …

Rising income inequality since the 1980s in the United States has generated a substantial increase in saving by the top …