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Federal Reserve Bank of Cleveland
Economic Commentary
Life-cycle income and consumption variability
Peter Rupert
Chris Telmer
Abstract

By all accounts, economic inequality is growing—the rich are getting richer, and the poor are getting poorer. This Economic Commentary explores inequality in income and consumption and asks whether inequality is determined early in life, before individuals enter the labor market, or whether it becomes manifest during the working years


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Peter Rupert & Chris Telmer, "Life-cycle income and consumption variability" , Federal Reserve Bank of Cleveland, Economic Commentary, issue Mar, 2001.
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Keywords: Income distribution ; Consumption (Economics)
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Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

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