A New Index to Value In-Kind Benefits
Barbara Wolfe () and
Robert Moffitt ()
Review of Income and Wealth, 1991, vol. 37, issue 4, 387-408
In this paper, the authors present a new approach to valuing in-kind benefits and a new index for that valuation. This approach is both individual (or family) specific and assigns a value to benefits for all those eligible for them, whether or not the benefits are actually used. The value is based on observed characteristics of the individual (and family) and location-specific factors likely to influence the value. The index is created for individuals and can be aggregated to obtain a family specific value. An example of health insurance is used to demonstrate the approach. It is found that the value that single women with children place on health insurance depends on their own health status, the health status of their children, and their poverty status, among other factors. Copyright 1991 by The International Association for Research in Income and Wealth.
References: Add references at CitEc
Citations View citations in EconPapers (13) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:37:y:1991:i:4:p:387-408
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0034-6586
Access Statistics for this article
Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill
More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC.
Series data maintained by Wiley-Blackwell Digital Licensing ().