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economies of scale are understated (as is the case when using the 'square root of household size'), the relative poverty …
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addressing this challenge and providing methods for ethical poverty, welfare, and inequality comparisons with univariate ordered …
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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...
Persistent link: https://www.econbiz.de/10012165604
This paper introduces a theory-based equivalence scale for public in-kind transfers, which justifies comparison of …, education and childcare expenditure on estimates of income inequality and poverty for 24 European countries. The empirical … results show significant effects of public in-kind transfers on the level of income inequality and poverty for all countries …
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