Consumption and Income Inequality in Turkey

In recent inequality literature the argument that consumption is more appropriate source rather than income to represent economics well-being of households has been gaining increasing attention. In this context, both income and consumption inequality between Turkish households are analyzed by calculating well known twelve different inequality measurements using the Household Budget Survey data provided by TurkStat for the period between 2003 and 2015. In this study, this argument is supported with the important results obtained from this study (i) Turkish households more likely to act consumption-smoothing behavior in the serious income fluctuations period like economic crisis; (ii) consumption inequality is more equal than income inequality during the corresponding period