A Comparison of Income, Expenditures, and Home Market Value Distributions Using Luxembourg Income Study Data from the 1990's
AbstractThe purpose of this paper is to review recent data made available through the Luxembourg Income Study (LIS) that include expenditures and asset valuations. The LIS data are augmented with comparable data from the U.S. Consumer Expenditure Survey. The surveys with expenditure data are reviewed in terms of collection units and variable definitions. Inequality statistics are produced and compared using income, expenditures, and market value of owned home. Rankings of countries by income and expenditure inequality are similar but not the same across the countries studied. Suggestions are made for the LIS to improve the expenditure data available following the COICOPS framework.
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Bibliographic InfoPaper provided by U.S. Bureau of Labor Statistics in its series Working Papers with number 380.
Length: 60 pages
Date of creation: Mar 2005
Date of revision:
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Distributional analysis; household expenditure surveys; Luxembourg Income Study;
Find related papers by JEL classification:
- D3 - Microeconomics - - Distribution
- D6 - Microeconomics - - Welfare Economics
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-03-20 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Buhmann, Brigitte, et al, 1988. "Equivalence Scales, Well-Being, Inequality, and Poverty: Sensitivity Estimates across Ten Countries Using the Luxembourg Income Study (LIS) Database," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 34(2), pages 115-42, June.
- Orazio Attanasio & James Banks, 1998. "Trends in household saving: a tale of two countries," IFS Working Papers W98/15, Institute for Fiscal Studies.
- Hiroshi Sato & Terry Sicular & Ximing Yue, 2011. "Housing Ownership, Incomes, and Inequality in China, 2002-2007," University of Western Ontario, CIBC Centre for Human Capital and Productivity Working Papers 201112, University of Western Ontario, CIBC Centre for Human Capital and Productivity.
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