@TechReport{iza:izadps:dp16049,
            	author={Carrieri, Vincenzo and Davillas, Apostolos and Oliveira, Victor Hugo de},
            	title={On the Road to Equity: Examining Income-Related Inequalities in Ownership of Safer Vehicles},
            	year={2023},
	month={Mar},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={16049},
            	url={https://www.iza.org/publications/dp16049},
	abstract={Using administrative DVLA data matched with micro-data from Understanding Society – the UK Household Longitudinal Study we estimate income-related inequalities in ownership of vehicles with a set of safety features and we apply a regression-based decomposition method for rank-dependent inequality measures to estimate the source of inequalities. 
We find systematic pro-rich inequalities in ownership of passively safer vehicles that are almost entirely explained by the characteristics of the vehicles, mainly their price and year of manufacture. A wide range of variables measured at the household level including demographics, risk aversion and time preference proxies, personality traits, cognitive ability, and education plays a much less pronounced and, in most cases, non-statistically significant contribution to overall inequality. These findings reveal inequity in access to passively safer vehicles with potential effects on the socio-economic gap in road-traffic injuries and mortality rates, requiring regulatory intervention.},
	keywords={income inequalities;car's safety;concentration indexes;United Kingdom},
            }