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Household surveys frequently record only expenditure information. The lack of information about quantities purchased precludes the possibility of deriving household specific unit values. The aggregate price indexes derived from sources exogenous to the household survey are often not sufficient...
Persistent link: https://www.econbiz.de/10005795468
The main goal of this paper is to estimate the preferences of the Italian society towards equity in order to verify whether preferences i) have changed across the years, and ii) can be related to specific sociodemographic characteristics. Introducing equity concerns in the implementation of...
Persistent link: https://www.econbiz.de/10005695009
In order to determine how much money is needed to make each household member as well off as they were before a change in living conditions, equivalence scales should be defined on the basis of individual rather than household welfare. This requires the knowledge of individual utilities that are...
Persistent link: https://www.econbiz.de/10005450633