Abstract
Income is the most commonly used measure of consumer economic wellbeing. This chapter discusses income and related concepts. The chapter first presents descriptive statistics of consumer income in the USA. Then the research literature on topics such as earning determinants, income inequality, intergenerational transfer, poverty, and top 1 % income share are described.
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Xiao, J.J. (2015). Consumer Income. In: Consumer Economic Wellbeing. International Series on Consumer Science. Springer, New York, NY. https://doi.org/10.1007/978-1-4939-2821-7_8
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DOI: https://doi.org/10.1007/978-1-4939-2821-7_8
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