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Choosing an appropriate equivalence scale is a prerequisite for comparisons of economic well-being income distribution, inequality or poverty. This is true for country specific work or for cross-national comparisons. Researchers generally either use a country specific equivalence scale (social...
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The purpose of this paper is to review recent data made available through the Luxembourg Income Study (LIS) that include expenditures and asset valuations. The LIS data are augmented with comparable data from the U.S. Consumer Expenditure Survey. The surveys with expenditure data are reviewed in...
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When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust 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 twice as much due to the economies of...
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