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
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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 | ['eprint_typename_blog_post' not defined] |
|---|---|
| Departments | Centre for Economic Performance |
| Date Deposited | 26 Mar 2024 10:30 |
| URI | https://researchonline.lse.ac.uk/id/eprint/122323 |
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