Inequality through the Lenses of Consumption and Wealth

17.05.2018 18:30 – 20:00

While there is growing interest on understanding the causes and consequences of rising wage and income inequality, much less is known about consumption and wealth inequality. This is surprising, as consumption and wealth are believed to be better indicators of long-term well-being than income or wages. In his public lecture, Professor Pistaferri will discuss what we know about consumption and wealth inequality, using examples from various countries and outlining where future research should focus on.