Consumption Inequality in the Digital Age

Katja Mann; Kai Arvai

Consumption Inequality in the Digital Age

Katja Mann, Kai Arvai

Department of Economics

Bank of France

Research output: Other contribution › Net publication - Internet publication › Communication

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.

Original language	English
Publication date	21 Jan 2022
Place of Publication	London
Publisher	Centre for Economic Policy Research
Publication status	Published - 21 Jan 2022

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