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Life-cycle income and consumption variability

Author

Listed:
  • Peter Rupert
  • Chris Telmer

Abstract

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 becomes manifest during the working years

Suggested Citation

  • Peter Rupert & Chris Telmer, 2001. "Life-cycle income and consumption variability," Economic Commentary, Federal Reserve Bank of Cleveland, issue Mar.
    • Handle: RePEc:fip:fedcec:y:2001:i:mar1
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