Consumption and income inequality across generations

We characterize the joint evolution of cross-sectional inequality in earnings, other sources of income and consumption across generations in the U.S. To account for cross-sectional dispersion, we estimate a model of intergenerational persistence and separately identify the influences of parental fac...

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Bibliographic Details
Main Authors: Gallipoli, G, Low, H, Mitra, A
Format: Working paper
Language:English
Published: University of Oxford 2022