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Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in consumption. However, in comparing economic well-being...
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patterns differ? Based on an Engel methodology, we estimate equivalence scales for a diverse set of countries (Canada, France …
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these changes. First, we present theory showing significant mismeasurement of welfare for households who can shift into …
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Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and affect poverty assessments and poverty lines. We address the disadvantage that poor households may suffer due to their reduced ability to share goods within the household. This...
Persistent link: https://www.econbiz.de/10012801875
Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and affect poverty assessments and poverty lines. We address the disadvantage that poor households may suffer due to their reduced ability to share goods within the household. This...
Persistent link: https://www.econbiz.de/10012802595
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