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distribution of household income changed during the first year of the COVID-19 pandemic. Second, we use pre-pandemic data on child …
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lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the same households … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … accounting identity to construct a population panel data with information on household expenditure. To derive such measures of …
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I consider as misplaced the current emphasis on income and wealth inequalities as compared to the socially more relevant consumption inequalities, which have been significantly reduced over the last decades and most likely for a much longer period of time. One important factor has been the...
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In this paper we describe the household wealth distribution in the US and UK, and compare both wealth inequality and … countries, we show that the median US household accumulates more financial wealth than their UK counterpart. We explore a number … the household wealth accumulation process more generally. …
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