Consumption Inequality in the Digital Age

Katja Mann, Kai Arvai

Publikation: AndetUdgivelser på nettet - Net-publikationFormidling

Abstract

When considering the effect of digitalisation on inequality, researchers usually focus on income inequality. This column compares the consumption baskets of US households to study the effect of digitalisation on consumption inequality. High-income households have a higher share of ICT-intensive products in their consumption, and thus benefit more from price declines in these goods due to digitalisation. The price channel accounts for 22.5% of the increase in consumption inequality between 1960 and 2017.
OriginalsprogEngelsk
Publikationsdato21 jan. 2022
UdgivelsesstedLondon
UdgiverCentre for Economic Policy Research
StatusUdgivet - 21 jan. 2022

Citationsformater