Income Inequality, Household Debt, and Consumption Growth in the United States

Income Inequality and Household Debt

Analyzing the effects of income inequality on public debt in OPEC member states by threshold panel

Abstract One of the major problems of developing governments, such as those of OPEC member states, is the government deficit and rising public debt. One of the reasons for this public debt is government policies faced with income inequalities. The opposite side said that the increased income inequality can lead to capital accumulation and thus increase production and tax payments and reduce go...

Household Debt and Consumption Inequality: The Spanish Case

The aim of this paper is twofold. On the one hand, we attempt to find out whether Spanish households took part in a process of substituting loans for wages during the period before the beginning of the current economic crisis. On the other hand, we try to identify the consequences of such process in the evolution of income and consumption inequalities. The theoretical framework to deal with the...

Income Inequality and Intergenerational Income Mobility in the United States.

Is there a relationship between family income inequality and income mobility across generations in the United States? As family income inequality rose in the United States, parental resources available for improving children's health, education, and care diverged. The amount and rate of divergence also varied across US states. Researchers and policy analysts have expressed concern that relative...

Income inequality and child maltreatment in the United States.

OBJECTIVE To examine the relation between county-level income inequality and rates of child maltreatment. METHODS Data on substantiated reports of child abuse and neglect from 2005 to 2009 were obtained from the National Child Abuse and Neglect Data System. County-level data on income inequality and children in poverty were obtained from the American Community Survey. Data for additional cont...