Equivalence scales and inequality
Cowell, Frank
; and Mercader-Prats, Magda
(1999)
Equivalence scales and inequality
[Working paper]
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 | Working paper |
|---|---|
| Copyright holders | © 1999 the authors |
| Keywords | Inequality, social welfare, equivalence scales |
| Departments |
Economics STICERD Centre for Analysis of Social Exclusion |
| Date Deposited | 27 Apr 2007 |
| URI | https://researchonline.lse.ac.uk/id/eprint/2190 |
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ORCID: https://orcid.org/0000-0002-3778-2152