Inequality: Income vs. consumption

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Inequality: Income vs. consumption

  1. 1. Inequality
  2. 2. Percent of world population living on less than $1 per daySOURCE: Maxim Pinkovskiy and Xavier Sala‐i‐Martin . “Parametric Estimations of the World Distribution ofIncome.” NBER Working Paper #15433. October 2009.
  3. 3. World Distribution of IncomeSOURCE: Xavier Sala‐i‐Martin. “The World Distribution of Income: Falling Poverty and…Convergence, Period.” Quarterly Journal of Economics, Vol.121, Issue 2. May 2006.
  4. 4. Top Decile Income Share in the United StatesSOURCE: Emmanuel Saez, “Striking it Richer: The Evolution of Top Incomes in the United States (Updated with2007 estimates),” Institute for Research on Labor and Employment Working Paper. August 5, 2009.
  5. 5. Per Capita Real Consumption by Income Quintile (2005=100)SOURCE: Author’s calculations based on data from BLSs CES, BEAs NIPA tables , and IMF’sUS population statistics.
  6. 6. Amenities Owned and Used by Low‐Income HouseholdsSOURCE: U.S. EIA Residential Energy Consumption Survey
  7. 7. Technology Owned and Used by Low‐Income HouseholdsSOURCE: U.S. EIA Residential Energy Consumption Survey

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