inequality: income vs. consumption
TRANSCRIPT
Inequality
Percent of world population living on less than $1 per day
SOURCE: Maxim Pinkovskiy and Xavier Sala‐i‐Martin . “Parametric Estimations of the World Distribution of Income.” NBER Working Paper #15433. October 2009.
World Distribution of Income
SOURCE: Xavier Sala-i-Martin. “The World Distribution of Income: Falling Poverty and… Convergence, Period.” Quarterly Journal of Economics, Vol.121, Issue 2. May 2006.
Top Decile Income Share in the United States
SOURCE: Emmanuel Saez, “Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2007 estimates),” Institute for Research on Labor and Employment Working Paper. August 5, 2009.
Per Capita Real Consumption by Income Quintile (2005=100)
SOURCE: Author’s calculations based on data from BLS's CES, BEA's NIPA tables , and IMF’s US population statistics.
Amenities Owned and Used by Low-Income Households
SOURCE: U.S. EIA Residential Energy Consumption Survey
Technology Owned and Used by Low-Income Households
SOURCE: U.S. EIA Residential Energy Consumption Survey