A new measure of consumption inequality
AbstractWhile the buzz around income inequality is reaching a crescendo, income data may not be the best measure of overall welfare. Instead, analyzing household consumption reveals that inequality is not as pervasive as skewed public discourse portrays it.
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Bibliographic InfoPaper provided by American Enterprise Institute in its series Working Papers with number 34723.
Date of creation: Jun 2012
Date of revision:
Income inequality; durable goods; AEI Economic Studies Series; poverty studies; personal consumption;
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