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Unequal we stand: an empirical analysis of economic inequality in the United States, 1967-2006

Heathcote, Jonathan; Perri, Fabrizio; Violante, Giovanni L. - Federal Reserve Bank of Minneapolis - 2009

earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in …

Persistent link: https://www.econbiz.de/10008610994

Falling behind : how rising inequality harms the middle class

Frank, Robert H. - 2007

Persistent link: https://www.econbiz.de/10004884513

Life-cycle income and consumption variability

Rupert, Peter; Telmer, Chris - In: Economic Commentary (2001) Mar

By all accounts, economic inequality is growing—the rich are getting richer, and the poor are getting poorer. This Economic Commentary explores inequality in income and consumption and asks whether inequality is determined early in life, before individuals enter the labor market, or whether it...

Persistent link: https://www.econbiz.de/10005512818

Using home maintenance and repairs to smooth variable earnings

Gyourko, Joseph; Tracy, Joseph - Federal Reserve Bank of New York - 2003

Recent research indicates that the marked increase in U.S. income inequality over the last twenty-five years has not been matched by a similar increase in consumption inequality. This paper examines the role of saving/dissaving in a house as a vehicle for consumption smoothing. Data from the...

Persistent link: https://www.econbiz.de/10005420677

Income inequality and minimum consumption: implications for growth

Allen, Donald S.; Ndikumana, Leonce - Federal Reserve Bank of St. Louis - 1999

We propose a model that recognizes hierarchical goods and income inequality among households. The model demonstrates that growth is impacted not by inequality per se, but "absolute" income distribution or the level of poverty underlying the income distribution. Specifically, when a large...

Persistent link: https://www.econbiz.de/10005360584

Does income inequality lead to consumption equality? evidence and theory

Krueger, Dirk; Perri, Fabrizio - Federal Reserve Bank of Minneapolis - 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 within-group inequality, which...

Persistent link: https://www.econbiz.de/10005367623

Wealth inequality in interwar Poland

Wroński, Marcin - In: Economic history of developing regions 38 (2023) 1, pp. 1-40

Persistent link: https://www.econbiz.de/10014235238

Inequality of opportunity in wealth : levels, trends, and drivers

Graeber, Daniel; Hilbert, Viola; König, Johannes - 2023

While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from … wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth …

Persistent link: https://www.econbiz.de/10014390537

Inequality of opportunity in wealth : levels, trends, and drivers

Graeber, Daniel; Hilbert, Viola; König, Johannes - 2023

Persistent link: https://www.econbiz.de/10014391197

Weight, wealth, and inequality : nineteenth century current net nutrition by race during us economic development

Carson, Scott Alan - In: The review of black political economy : analyzing … 50 (2023) 4, pp. 381-400

Persistent link: https://www.econbiz.de/10014429740