Fed: Wealth Heterogeneity and Consumer Spending
August 07, 2025
August 07, 2025
WASHINGTON, Aug. 7 -- The Federal Reserve issued the following Fed Notes article by Samara Beach, William Gamber and Patrick Moran:
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Wealth Heterogeneity and Consumer Spending
1. Introduction
Economists have become increasingly interested in the effects of household heterogeneity on macroeconomic dynamics./1 Changes in the distribution of income and wealth, coupled with advances in data and computation, have brought questions about how het . . .
* * *
Wealth Heterogeneity and Consumer Spending
1. Introduction
Economists have become increasingly interested in the effects of household heterogeneity on macroeconomic dynamics./1 Changes in the distribution of income and wealth, coupled with advances in data and computation, have brought questions about how het . . .