Equivalence scales and inequality

Cowell, Frank ORCID: 0000-0002-3778-2152 and Mercader-Prats, Magda (1999) Equivalence scales and inequality. Distributional Analysis Research Programme; DARP 27 (27). Suntory and Toyota International Centres for Economics and Related Disciplines, London, UK.

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Abstract

At the heart of any distributional analysis there is the problem of allowing for differences in people's non-income characteristics. We examine the role of standard equivalence scales in distributional comparisons and the welfare implications of the basis for constructing equivalence scales. We consider the use of alternative approaches that do not require the specification of a single scale and implement one of these in practical comparison of Spain and the UK.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://sticerd.lse.ac.uk
Additional Information:	© 1999 the authors
Divisions:	Economics STICERD Centre for Analysis of Social Exclusion
Subjects:	H Social Sciences > HB Economic Theory
JEL classification:	C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C13 - Estimation D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Date Deposited:	27 Apr 2007
Last Modified:	01 Oct 2024 04:02
URI:	http://eprints.lse.ac.uk/id/eprint/2190

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