Why household income doesn't tell the full story on individual wellbeing

Obermeier, Tim (2024) Why household income doesn't tell the full story on individual wellbeing. British Politics and Policy at LSE (11 Jan 2024). Blog Entry.

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Abstract

The literature on inequality often focuses on household income, but this measure has several limitations for assessing individual wellbeing. Tim Obermeier develops a new collective household model which simultaneously accounts for consumption inequality within families, time use and different preferences, to measure the relationship between household income and individual wellbeing in more detail.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information:	© 2024 The Author(s)
Divisions:	Centre for Economic Performance
Subjects:	J Political Science > JN Political institutions (Europe) > JN101 Great Britain H Social Sciences > HC Economic History and Conditions
Date Deposited:	26 Mar 2024 10:30
Last Modified:	11 Sep 2025 14:04
URI:	http://eprints.lse.ac.uk/id/eprint/122323

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