Distributional Decomposition of Consumption Inequality Change During COVID-19 (opens in new tab)

We decompose the U.S. consumption inequality distributional changes during the COVID-19 phase. Analyzing the Consumption Expenditure Interview Survey data, we decompose observed changes in consumption inequality into components attributable to several individual variables. Using a distribution regression method, we construct counterfactual distributions under the scenario in which the consumption structure or any specific variable would have rem...