This paper has a twofold purpose. It argues firstly, that analysis of income distribution should be a part of the … capability approach. Secondly, it argues that the capability approach is a good theoretical foundation for analysis of income … distribution. The capability approach to human advantage has not hitherto been applied in mainstream analysis of income and wealth …

income is full income a..l defined by Gary Becker, while time spent caring for children at home is unpaid work. Equivalent … full income for a household with pre-school children is defined. It is also shown that, as long as the wage rate is higher …When defining and estimating the cost of children and equivalent incomes, children's consumption is normally defined as …