Equivalence scales and inequality
Frank Cowell () and
Magda Mercader-Prats
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
Abstract:
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.
Keywords: Inequality; social welfare; equivalence scales (search for similar items in EconPapers)
JEL-codes: C13 D63 (search for similar items in EconPapers)
Pages: 35 pages
Date: 1999-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (48)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:2190
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