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people at the lower end of income distribution will graduate into the middle class category. The increase in poverty rates …
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Element ends with two sections showing first how measures of inequality, poverty and welfare may be derived from such an order …
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This paper compares consumption and income as measures of households' living standards using UK data. It presents evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions one gets about trends in the level and inequality of...
Persistent link: https://www.econbiz.de/10009511662
This paper compares consumption and income as measures of households' living standards using UK data. It presents evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions one gets about trends in the level and inequality of...
Persistent link: https://www.econbiz.de/10009567014
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