Consumption and Income Inequality in Australia

@article{Barrett2000ConsumptionAI,
  title={Consumption and Income Inequality in Australia},
  author={G. Barrett and Thomas F. Crossley and C. Worswick},
  journal={Economic Record},
  year={2000},
  volume={76},
  pages={116-138}
}
  • G. Barrett, Thomas F. Crossley, C. Worswick
  • Published 2000
  • Economics
  • Economic Record
  • It has been argued that consumption is a more appropriate measure of household wellbeing than income or earnings. Using four Household Expenditures Surveys collected by the Australian Bureau of Statistics between 1975 and 1993, we examine trends in consumption inequality among Australian households and compare consumption inequality with income inequality. We find that consumption is much more equal than income. Further, while both income and consumption inequality rose by statistically and… CONTINUE READING
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