| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15166 |
| DP15166 Consumption and Income Inequality across Generations | |
| GIOVANNI GALLIPOLI; Hamish Low; Aruni Mitra | |
| 发表日期 | 2020-08-13 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We characterize the joint evolution of cross-sectional inequality in income and consumption across generations. We estimate a model of intergenerational persistence and separately identify influences of parental heterogeneity and idiosyncratic factors. We find evidence of family persistence in earnings and consumption, and of marital sorting. Idiosyncratic heterogeneity, however, accounts for most of cross-sectional inequality. Within-family insurance represents a modest part of overall consumption insurance and is largest for the richest quartile. Insurance among the poorest comes from outside the family. Our findings suggest intergenerational persistence would have to be much higher to induce, by itself, substantial increases in inequality. |
| 主题 | Labour Economics ; Macroeconomics and Growth ; Public Economics |
| 关键词 | Income Consumption Intergenerational persistence Inequality |
| URL | https://cepr.org/publications/dp15166-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544134 |
| 推荐引用方式 GB/T 7714 | GIOVANNI GALLIPOLI,Hamish Low,Aruni Mitra. DP15166 Consumption and Income Inequality across Generations. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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