Consumption, income, and wealth inequality in Canada

Matthew Brzozowski, Martin Gervais, Paul Klein, Michio Suzuki

Research output: Contribution to journalArticlepeer-review

47 Citations (Scopus)

Abstract

In this paper, we document some features of the distribution of income, consumption and wealth in Canada using survey data from many different sources. We find that wage and income inequality have increased substantially over the last 30 years, but that much of this rise was offset by the tax and transfer system. As a result, the rise in consumption inequality has been relatively mild. We also document that wealth inequality has remained fairly stable since 1999. Using both confidential data and publicly available data, we are able to gauge the extent to which the publicly available data conceals aspects of inequality that confidential data reveals.

Original languageEnglish
Pages (from-to)52-75
Number of pages24
JournalReview of Economic Dynamics
Volume13
Issue number1
DOIs
Publication statusPublished - 2010 Jan
Externally publishedYes

Keywords

  • Consumption inequality
  • Income inequality
  • Wealth inequality

ASJC Scopus subject areas

  • Economics and Econometrics

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