The information content of equivalence scales☆
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2019, Journal of Public EconomicsCitation Excerpt :Moreover, even comprehensive and accurate data on households' overall expenditure across states of nature—which are largely uncommon—would require nontrivial assumptions or complex estimations to be translated into individuals' consumption bundles, since in the household setting individual consumption is not directly assignable and observable. Doing so must carefully take into account consumption flows of durable goods, household public goods, and, importantly, economies of scale in the household's consumption technology to account for the composition of the household and its evolution over the life-cycle and across states of nature (see, e.g., Blundell and Lewbel, 1991, Browning et al., 2013, Blundell et al., 2013, and Low and Pistaferri, 2015). Recognizing these difficulties, recent influential studies have sought alternative techniques for recovering the gap in marginal utilities using information from the labor market.
Examining Parental Expenditure on Children in Ghana
2023, Journal of Family and Economic IssuesOn the Curvature Properties of “Long” Social Welfare Functions
2023, MathematicsA European equivalence scale for public in-kind transfers
2023, Journal of Economic Inequality
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This research was supported in part by the ESRC under project B00230027 and in part by the National Science Foundation through grant SES-8712787. Part of this work was done when Lewbel was visiting the MIT Sloan school. We thank the UK Department of Employment and the Institute for Fiscal Studies for providing data. Comments by Charles Blackorby, Martin Browning, Francois Laisney, Essie Maasoumi, Panos Pashardes, Dan Primont, David Ulph, and Guglielmo Weber are gratefully acknowledged.