Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer...

Poverty in low-income countries is usually measured with large and infrequent household surveys. A challenge is to find methods to measure poverty more frequently. The objective of this study is to test a method for predicting poverty, based upon a statistical model utilizing consumption surveys...

Food insecurity is a salient dimension of household poverty and a crucial issue viewed on a global or within a country level. It applies not only to less-developed countries, but also to countries of the European Union. In the European conditions, it implies that people affected by this problem...

This paper describes how household wealth is distributed in 28 OECD countries, based on evidence from the second wave of the OECD Wealth Distribution Database. A number of general patterns emerge from these data. First, wealth concentration is twice the level of income inequality: across the 28...

Income inequality and poverty risks receive a lot of attention in public debates and current research. However, the situation of families that di?er in size and composition is rarely considered more closely in this context. Relevant research typically relies on equivalence scales to make income...

The analysis uses seven waves from the German Panel Study Labor Market and Social Security (PASS) covering the period from 2006 to 2013. During the observation period, Germany experienced a significant increase in average real incomes and employment, accompanied by a decrease of absolute income...

This paper examines the allocation of resources of poverty rates within households in Suriname. To this end we employ a bargaining model estimation framework that allows one to identify the allocation of resources across adult and children males and females. Our results using the Suriname...

Resource shares, defined as the fraction of total household spending going to each person in a household, are important for assessing individual material well-being, inequality and poverty. They are difficult to identify because consumption is measured typically at the household level, and many...

Equivalence scales are routinely applied to adjust the income of households of different size and composition. Because of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation of equivalence scales have been proposed. Until now, no...