Cowell, Frank 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: | 15 Sep 2023 22:46 |
| URI: | http://eprints.lse.ac.uk/id/eprint/2190 |
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