NDLI: Family-Type Subsistence Incomes

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Family-Type Subsistence Incomes

Content Provider	Semantic Scholar
Author	Koulovatianos, Christos Schroeder, Carsten Schmidt, Ulrich
Copyright Year	2006
Abstract	Different family types may have a fixed flow of consumption costs, related to subsistence needs. We use a survey method in order to identify and estimate such a fixed component of spending for different families. Our method involves making direct questions about the linkup between aggregate disposable family income and well-being for different family types. Conducting our survey in six countries, Germany, France, Cyprus, China, India and Botswana, we provide evidence that fixed costs of consumption are embedded in welfare evaluations of respondents. More precisely, we find that the formalized relationship between welfare-retaining aggregate family incomes across different family types, suggested by Donaldson and Pendakur (2005) and termed “Generalized Absolute Equivalence Scale Exactness,” is prevalent and robust in our data. We use this relationship to identify subsistence needs of different family types and to calculate income inequality.
File Format	PDF HTM / HTML
Alternate Webpage(s)	https://www.econstor.eu/bitstream/10419/28032/1/511456336.PDF
Alternate Webpage(s)	http://www.diw.de/documents/dokumentenarchiv/17/57556/schroeder_etal.pdf
Alternate Webpage(s)	http://www.uni-graz.at/socialpolitik/papers/Schroeder.pdf
Alternate Webpage(s)	https://www.econstor.eu/bitstream/10419/28940/1/508813603.pdf
Alternate Webpage(s)	http://homepage.univie.ac.at/Papers.Econ/RePEc/vie/viennp/vie0602.pdf
Language	English
Access Restriction	Open
Subject Keyword	Aggregate data Arabic numeral 0 Behavior Coefficient Computer simulation Embedded system Epilepsy, Generalized Estimated Evaluation Functional specification Genetic Heterogeneity Income Marginal model Numerical analysis Organisation for Economic Co-Operation and Development Schmidt decomposition Self-replication Social inequality The Linkup Turing completeness standards characteristics
Content Type	Text
Resource Type	Article

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