Why household income doesn't tell the full story on individual wellbeing
Obermeier, T.
(11 January 2024)
Why household income doesn't tell the full story on individual wellbeing.
British Politics and Policy at LSE.
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 | Blog post |
|---|---|
| Copyright holders | © 2024 The Author(s) |
| Departments | LSE > Research Centres > Centre for Economic Performance |
| Date Deposited | 26 Mar 2024 |
| URI | https://researchonline.lse.ac.uk/id/eprint/122323 |