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Life-cycle income and consumption variability

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. Income distribution ; Consumption (Economics)

Publication details
Download http://www.clevelandfed.org/research/Commentary/2001/030101rupert.pdf
Repository RePEc (Germany)
Type article