Abbott, Brant; Gallipoli, Giovanni - In: Quantitative economics : QE ; journal of the … 13 (2022) 3, pp. 1023-1060
of assets in lifetime wealth. Average expenditures and CE inequality roughly doubled between 1983 and 2016 and, to weigh …Through certainty equivalent consumption (CE) measures, we show that dispersion of current earnings, expenditures, and … human wealth. The latter mitigates permanent‐income inequality, though its influence is diminished by the growing importance …
