National and International Income Dispersion and Aggregate Expenditures

Arbeitspapier

We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income distribution) effects. This yields insights for relevant aggregate household specifications in computational policy models emphasizing household distribution of income. This also yields a consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation of flexible demand systems with representative expenditures (which reflects income distribution within countries) yields a significant relationship between representative consumption and cross-country demand patterns.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 04-093/2

Classification and Topics

• Classification: Wirtschaft ; Personal Income, Wealth, and Their Distributions ; Consumer Economics: Empirical Analysis ; Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; Computable General Equilibrium Models
• Subject: income distribution aggregate demand demand system estimation Engel curves ; Einkommensverteilung ; Gesamtwirtschaftliche Nachfrage ; Nachfragesystem ; Mikroökonomische Konsumfunktion ; Schätzung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fillat, Carmen ; Francois, Joseph
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/86312
• Last update: 10.03.2025, 11:41 AM CET