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Consumption Inequality
"... Other chapters in this volume have investigated inequality in earnings and household income. In this chapter we make the case that measures of consumption inequality are useful in addition to, or possibly instead of, measures of income inequality. We then outline the steps that are necessary to meas ..."
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Cited by 5 (1 self)
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Other chapters in this volume have investigated inequality in earnings and household income. In this chapter we make the case that measures of consumption inequality are useful in addition to, or possibly instead of, measures of income inequality. We then outline the steps that are necessary
Does Income Inequality Lead to Consumption Inequality? Evidence and Theory
, 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 withingroup inequality, which has i ..."
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Cited by 364 (28 self)
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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 withingroup inequality, which has
Consumption inequality and partial insurance
 American Economic Review
, 2008
"... This paper uses panel data on household consumption and income inquality to evaluate the degree of insurance to income shocks. Our aim is to describe the transmission of income inequality into consumption inequality. Our framework nests the special cases of selfinsurance and the complete markets as ..."
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Cited by 81 (7 self)
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This paper uses panel data on household consumption and income inquality to evaluate the degree of insurance to income shocks. Our aim is to describe the transmission of income inequality into consumption inequality. Our framework nests the special cases of selfinsurance and the complete markets
Consumption inequality and income uncertainty
 Quarterly Journal of Economics
, 1998
"... This paper places the debate over using consumption or income in studies of inequality growth in a formal intertemporal setting. It highlights the importance of permanent and transitory income uncertainty in the evaluation of growth in consumption inequality. We derive conditions under which the gro ..."
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Cited by 59 (4 self)
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This paper places the debate over using consumption or income in studies of inequality growth in a formal intertemporal setting. It highlights the importance of permanent and transitory income uncertainty in the evaluation of growth in consumption inequality. We derive conditions under which
Income and Consumption Inequality
"... • Inequality has many linked dimensions: wages, incomes and consumption • The literature on the first two types is huge • The literature on consumption inequality is less developed, but growing. • The link between the various types of inequality is mediated by multiple insurance mechanisms • The amo ..."
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• Inequality has many linked dimensions: wages, incomes and consumption • The literature on the first two types is huge • The literature on consumption inequality is less developed, but growing. • The link between the various types of inequality is mediated by multiple insurance mechanisms
Partial Insurance and Consumption inequality
"... • Inequality has many linked dimensions: wages, incomes and consumption • The literature on the first two types is huge • The literature on consumption inequality is less developed, but growing. • The link between the various types of inequality is mediated by multiple insurance mechanisms • The amo ..."
Abstract
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• Inequality has many linked dimensions: wages, incomes and consumption • The literature on the first two types is huge • The literature on consumption inequality is less developed, but growing. • The link between the various types of inequality is mediated by multiple insurance mechanisms
POPULATION AGING AND CONSUMPTION INEQUALITY
"... This paper analyses how consumption inequality within a fixed cohort grows with age using Japanese household microdata. Following the method developed by Deaton and Paxson (1994), we obtain the following results. First, consumption inequality starts to increase at the age of 40. Second, younger gene ..."
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Cited by 1 (0 self)
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This paper analyses how consumption inequality within a fixed cohort grows with age using Japanese household microdata. Following the method developed by Deaton and Paxson (1994), we obtain the following results. First, consumption inequality starts to increase at the age of 40. Second, younger
Reconciling Consumption Inequality with Income Inequality ∗
, 2013
"... The rise in withingroup consumption inequality in response to the increase in withingroup income inequality over the last three decades in the U.S. is puzzling to expectedutilitybased incomplete market models. The twosided lack of commitment models exhibit too little consumption inequality whil ..."
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The rise in withingroup consumption inequality in response to the increase in withingroup income inequality over the last three decades in the U.S. is puzzling to expectedutilitybased incomplete market models. The twosided lack of commitment models exhibit too little consumption inequality
2011) Consumption Inequality and Intrahousehold Allocations The
 Review of Economic Studies
, 2011
"... Abstract The consumption literature uses adult equivalence scales to measure individual level inequality. This practice imposes the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality within households produces misleading estimates of ..."
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Cited by 54 (5 self)
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Abstract The consumption literature uses adult equivalence scales to measure individual level inequality. This practice imposes the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality within households produces misleading estimates
Results 1  10
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880