+612 9045 4394
Variable Income Equivalence Scales : An Empirical Approach - Carsten Schroder

Variable Income Equivalence Scales

An Empirical Approach

Paperback Published: 18th March 2004
ISBN: 9783790801835
Number Of Pages: 168

Share This Book:


or 4 easy payments of $49.06 with Learn more
Ships in 7 to 10 business days

1.1 A Brief Overview An extensive body of empirical and theoretical literature deals with the mea­ surement of social welfare. This body can be decomposed in several different but related topics, all of which have implications for empirical studies in wel­ fare economics. One of these topics are household equivalence scales which help to compare welfare levels across households that differ in composition. An equivalence scale relates the income of any arbitrary household type to the income ofa referencehouseholdsuch that both households are equally well-off. Differences in household needs arise from differences in the households' de­ mographic composition which is, for instance, given by the number, age, and sex of the household members. The increase of household needs is not neces­ sarily proportional to the increase in the number of household members. Such a non-proportionality, for example, results from differences in the needs of adults and children, economies ofscale arising from the division of fixed costs among the household members, welfare gains from household production, and from common consumption ofcommodities bearing a within-household public good component.

Introductionp. 1
Equivalence-scale measurementp. 7
The potential dependence of equivalence scales on incomep. 39
Equivalence scales, employment and household productionp. 45
A new consensual approachp. 51
Survey Ip. 57
Survey IIp. 93
Conclusionp. 131
Appendixp. 135
List of symbolsp. 149
List of figures and tablesp. 153
Referencesp. 157
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9783790801835
ISBN-10: 3790801836
Series: Contributions to Economics
Audience: General
Format: Paperback
Language: English
Number Of Pages: 168
Published: 18th March 2004
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Country of Publication: DE
Dimensions (cm): 23.39 x 15.6  x 0.97
Weight (kg): 0.26