From income and consumption inequality to economic welfare inequality: the role of labor supply

Alexandros Theloudis

MPRA Paper from University Library of Munich, Germany

Abstract: This paper discusses the links between earnings, consumption and economic welfare inequality. It places emphasis on the role of leisure and labor supply in the assessment of cross-household inequality and argues that the documented increase of such inequality has its origin in the labor market. It only serves as an introductory work and, as such, it attempts to outline the research frontier in the field of household inequality and address the issues that arise when household labor supply decisions are taken into consideration.

Keywords: Income Inequality; Consumption Inequality; Households (search for similar items in EconPapers)
JEL-codes: D11 D31 D91 E21 I31 (search for similar items in EconPapers)
Date: 2011-09
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37517

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