The DOI matches its Crossref record; 29 of the 29 references it cites were found in a registry or an index.
Consumption Inequality
Abstract
In this essay, we discuss the importance of consumption inequality in the debate concerning the measurement of disparities in economic well-being. We summarize the advantages and disadvantages of using consumption as opposed to income for measuring trends in economic well-being. We critically evaluate the available evidence on these trends, and in particular discuss how the literature has evolved in its assessment of whether consumption inequality has grown as much as or less than income inequality. We provide some novel evidence on three relatively unexplored themes: inequality in different spending components, inequality in leisure time, and intergenerational consumption mobility.
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Citations
Cites
Measuring Trends in Leisure: The Allocation of Time Over Five Decades
Aguiar, M., & Hurst, E. (2007) · The Quarterly Journal of Economics · doi:10.1162/qjec.122.3.969 · Cited by 994
Consumption Inequality and Partial Insurance
Blundell, R., Pistaferri, L., & Preston, I. (2008) · American Economic Review · doi:10.1257/aer.98.5.1887 · Cited by 980
Self-citationGross, D. B., & Souleles, N. S. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399472 · Cited by 867
MaCurdy, T. E. (1982) · Journal of Econometrics · doi:10.1016/0304-4076(82)90096-3 · Cited by 827
Does Income Inequality Lead to Consumption Inequality? Evidence and Theory1
KRUEGER, D., & PERRI, F. (2006) · Review of Economic Studies · doi:10.1111/j.1467-937x.2006.00373.x · Cited by 777
The Growth of Earnings Instability in the U.S. Labor Market
Gottschalk, P., Moffitt, R., Katz, L. F., & Dickens, W. T. (1994) · Brookings Papers on Economic Activity · doi:10.2307/2534657 · Cited by 760
Consumption versus Expenditure
Aguiar, M., & Hurst, E. (2005) · Journal of Political Economy · doi:10.1086/491590 · Cited by 749
The Life-Cycle Model of Consumption and Saving
Browning, M., & Crossley, T. F. (2001) · Journal of Economic Perspectives · doi:10.1257/jep.15.3.3 · Cited by 662
On the Covariance Structure of Earnings and Hours Changes
Abowd, J. M., & Davidcard, B. A. (1989) · Cited by 600
Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy
Attanasio, O. P., & Weber, G. (2010) · Journal of Economic Literature · doi:10.1257/jel.48.3.693 · Cited by 538
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Metadata
- Authors
- Attanasio, O. P., & Pistaferri, L.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2016-05-01
- Volume
- 30
- Issue
- 2
- Pages
- 3-28
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W4233984225
- Cited by
- 259
- References
- 29
- FWCI
- 57.16
- Type
- journal article
- Language
- en
- Open access
- closed
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- Attanasio, O. P., & Pistaferri, L. (2016). Consumption Inequality. Journal of Economic Perspectives. https://doi.org/10.1257/jep.30.2.3
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
