Consumption distribution

{{short description|Measure of economic inequality}} {{Refimprove|date=February 2023}} {{multiple image | align = right | direction = vertical | width = 250 | header = Consumption disparity in major cities | image1= Tenting in Los Angeles Skid Row.jpg | alt1 = Skid row tents | caption1 = Tents of the homeless on the sidewalk in Skid Row, Los Angeles | image2 = The Manor, Holmby Hills, Los Angeles, in 2008.jpg | alt2 = a Beverly Hills mansion | caption2 = An affluent house in Holmby Hills, Los Angeles, roughly 12 miles from downtown (above) }} In economics, the '''consumption distribution''' or '''consumption inequality''' is an alternative to the income distribution or wealth distribution for judging economic inequality, comparing levels of consumption or spending rather than income or wealth.<ref>{{cite web | title=OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth | website=OECD iLibrary | date=2006-06-16 | url=https://www.oecd-ilibrary.org/economics/framework-for-statistics-on-the-distribution-of-household-income-consumption-and-wealth_9789264194830-en | access-date=2024-09-01}}</ref> This is an important measure of inequality as the basic utility of the wealth or income is the expenditure.<ref> {{cite web|url=https://web.stanford.edu/~pista/JEP.pdf|title=Consumption Inequality|author1=Orazio P. Attanasio|author2=Luigi Pistaferri}}</ref> People experience the inequality directly in consumption, rather than income or wealth.<ref>{{cite web|url=https://www.jpmorganchase.com/institute/research/cities-local-communities/insight-consumption-inequality|url-status=dead|archive-url=https://web.archive.org/web/20240124121200/www.jpmorganchase.com/institute/research/cities-local-communities/insight-consumption-inequality|archive-date=2024-01-24|title=RESEARCH - Consumption Inequality - What's in Your Shopping Basket?}}</ref><ref>{{Cite journal |last=Daşdemir |first=Esat |date=2025-06-21 |title=Inflation and consumption inequality |url=https://doi.org/10.1007/s43546-025-00850-7 |journal=SN Business & Economics |language=en |volume=5 |issue=7 |article-number=89 |doi=10.1007/s43546-025-00850-7 |issn=2662-9399|url-access=subscription }}</ref> World Bank lists 118 countries based on consumption inequality compared to 68 countries based on income inequality.<ref>{{Cite web |last=Haddad |first=Cameron Nadim |last2=Mahler |first2=Daniel Gerszon |last3=Diaz-Bonilla |first3=Carolina |last4=Hill |first4=Ruth |last5=Lakner |first5=Christoph |last6=Ibarra |first6=Gabriel Lara |date=June 2024 |title=The World Bank’s New Inequality Indicator: The Number of Countries with High Inequality |url=https://documents1.worldbank.org/curated/en/099549506102441825/pdf/IDU-bd155bac-6d78-43af-8833-f87564a9d6c8.pdf |url-status=live |archive-url=https://web.archive.org/web/20250503224135/https://documents1.worldbank.org/curated/en/099549506102441825/pdf/IDU-bd155bac-6d78-43af-8833-f87564a9d6c8.pdf |archive-date=2025-05-03 |website=World Bank}}</ref>{{AI-retrieved source|date=January 2026}}

== References == {{Reflist}}

Category:Distribution of wealth