Consumption Inequality and Income Uncertainty

By Richard Blundell, Ian Preston. 2002

581 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/35fe3c819f4434f61c01d4c9936e608b66014187

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Citations in the corpus

Spain is Different: Falling Trends of Inequality (2009, unknown): “In any case, if one wants to look at consumption in order to decompose changes in inequality coming from changes in permanent and transitory components, it would be useful to add information on consumption explicitly as in Blundell and Preston (1998) and Blundell, Pistaferri, and Preston (2008).”
Income Variance Dynamics and Heterogeneity (2001, unknown): “We then remove individual specific means by ¡ git+q+1git − gi(+q+1)gi ¢ = γ ¡ git+qgit−1 − gi(+q)gi(−1) ¢ + (ωit − ωi) (10) volatility term.”
An Agenda for a Growing Europe: The Sapir Report (2004, background): “Intra-group flexibility has mainly affected the temporary component of income with a clear relationship between intra-group inequality and variability in individual incomes over time (Blundell and Preston, 1998).”
Learning Your Earning: Are Labor Income Shocks Really Very Persistent? (2007, unknown): “Moreover, given that the only state variable that is random at the time of decision is next period’s income, the expectation is taken with respect to the conditional distribution of yi t+1 given by equation (5).”
Insurance and Opportunities: A Welfare Analysis of Labor Market Risk (2008, background): “u (c, h) = c1−γ 1− γ − ψ h 1 + σ , (12)”
Emerging Market Business Cycles: The Cycle Is the Trend (2007, unknown): “…examples include the studies by Cochrane (1994), who uses consumption to identify permanent innovations to GDP in a vector autoregression, and Blundell and Preston (1998), who use the cross-sectional dispersion of consumption across households to identify whether income inequality is…”
Measuring living standards with income and consumption: evidence from the UK (2012, methodology): “…shocks to income, including papers such as Krueger and Perri (2006) and Attanasio et al (2009) which use US data, and a series of papers by Blundell and coauthors (Blundell and Preston (1996, 1998), Blundell and Etheridge (2010) and Blundell et al (2011)), which use the same UK data as we do.”
Consumption Inequality and Family Labor Supply (2014, background): “There are only a few special cases for which the problem (5)-(6) can be analytically solved.”
Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond (2005, unknown): “Blundell and Preston (1998) and Blundell, Pistaferri and Preston (2004) extend her analysis but, like her, maintain an a priori specification of the stochastic process generating Ii,0.”