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A Comparison of Income, Expenditures, and Home Market Value Distributions using Luxembourg Income Study Data from the 1990s

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  • Eva Sierminska
  • Thesia Garner

Abstract

The 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.

Suggested Citation

  • Eva Sierminska & Thesia Garner, 2002. "A Comparison of Income, Expenditures, and Home Market Value Distributions using Luxembourg Income Study Data from the 1990s," LIS Working papers 338, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:338
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    Cited by:

    1. Timothy Smeeding & Irwin Garfinkel & Lee Rainwater, 2005. "Welfare State Expenditures and the Redistribution of Well-Being: Children, Elders, and Others in Comparative Perspective," LIS Working papers 387, LIS Cross-National Data Center in Luxembourg.
    2. Lee Rainwater & Timothy Smeeding & Irwin Garfinkel, 2004. "Welfare State Expenditures and the Distribution of Child Opportunities," LIS Working papers 379, LIS Cross-National Data Center in Luxembourg.
    3. Timothy Smeeding & Eva Sierminska & Andrea Brandolini, 2006. "Cross National Comparison of Income and Wealth Status in Retirement: First Results from the Luxembourg Wealth Study (LWS)," LWS Working papers 2, LIS Cross-National Data Center in Luxembourg.

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