eprintid: 13996
rev_number: 9
eprint_status: archive
userid: 5
dir: disk0/00/01/39/96
datestamp: 2016-11-28 10:35:18
lastmod: 2021-08-27 17:41:39
status_changed: 2016-11-28 10:35:18
type: other
metadata_visibility: show
item_issues_count: 1
creators_name: Crespo Cuaresma, J.
creators_name: Kubala, J.
creators_name: Patrikova, K.
creators_id: 1838
title: Does income inequality affect aggregate consumption? Revisiting the evidence
ispublished: pub
divisions: prog_pop
abstract: The standard Keynesian view predicts that equalization of the income distribution leads to an increase in aggregate consumption. We revisit the analysis carried out by the seminal empirical contributions which test such a hypothesis using modern econometric methods and the most comprehensive dataset existing on income distribution measures. Our results indicate that there is no substantive empirical evidence of an effect of income inequality on aggregate consumption.
date: 2016-01
date_type: published
publisher: Vienna University of Business and Economics
official_url: http://www.wu.ac.at/economics/forschung/wp/
iiasa_bibref: WU Working Paper No. 210
creators_browse_id: 58
full_text_status: public
place_of_pub: Vienna
coversheets_dirty: FALSE
fp7_type: info:eu-repo/semantics/other
citation:   Crespo Cuaresma, J. <https://pure.iiasa.ac.at/view/iiasa/58.html>, Kubala, J., & Patrikova, K.  (2016).  Does income inequality affect aggregate consumption? Revisiting the evidence.    Vienna University of Business and Economics , Vienna.     
document_url: https://pure.iiasa.ac.at/id/eprint/13996/1/wp210.pdf