Consumption segregation
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- dc.contributor.author Boar, Corina
- dc.contributor.author Giannone, Elisa
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2024-11-14T10:09:42Z
- dc.date.available 2024-11-14T10:09:42Z
- dc.date.issued 2023-07-01
- dc.date.modified 2024-11-14T10:09:07Z
- dc.description.abstract This paper introduces consumption segregation, a new margin of residential segregation, and examines its patterns, causes, and discusses its aggregate consequences. We use new longitudinal and highly granular data to measure consumption segregation in the United States and document that it is high but relatively stable over the past 15 years, with substantial regional variation. We find that income segregation plays a more prominent role than other forms of segregation in driving consumption segregation, mainly due to the inability to smooth shocks to income. We illustrate a new mechanism through which, in the presence of social comparisons, consumption segregation can exacerbate wealth inequality.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1871
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/68585
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1871
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword
- dc.subject.keyword Statistics, Econometrics and Quantitative Methods
- dc.title Consumption segregation
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper