Callan, Tim; Smeeding, Tim; Tsakloglou, Panos - Economic and Social Research Institute (ESRI) - 2007
Empirical studies of inequality and poverty are usually based on disposable cash incomes, disregarding incomes in-kind (non-cash incomes). Since individuals also derive utility from the consumption of goods and services provided in-kind monetary income is not always a good indicator of an...