Dimensions of Inequality in Canada

Matthew Brzozowski, Martin Gervais, Paul Klein and Michio Suzuki

No 09-E-02, IMES Discussion Paper Series from Institute for Monetary and Economic Studies, Bank of Japan

Abstract: In this paper, we document some features of the distribution of income, consumption and wealth in Canada using survey data from many different sources. We find that wage and income inequality has increased substantially over the last 30 years, but that much of this rise was offset by the tax and transfer system. As a result, the rise in consumption inequality has been relatively mild. We also document that wealth inequality has remained fairly stable since 1999. A comparison of our results - obtained using confidential data - suggests that while some aspects of inequality are well captured by publicly available data, others paint a drastically different picture.

Keywords: Income Inequality; Consumption Inequality; Wealth Inequality (search for similar items in EconPapers)
JEL-codes: D12 D31 (search for similar items in EconPapers)
Date: 2009-01
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ime:imedps:09-e-02

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