Skip navigation
Skip navigation

The welfare interpretation of consumer equivalence scales

Bradbury, Bruce

Description

A consumer equivalence scale is a price index that shows the relative household expenditures required in households of different sizes so as to reach some common living standard. These scales typically increase with the number of people in the household, that at less than a per-capita rate due to the existence of joint consumption within the household (and the lower needs of children). <P> However, if household composition is considered as a matter of choice rather than exogenously given, then...[Show more]

CollectionsANU Research Publications
Date published: 2001
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/40208
http://digitalcollections.anu.edu.au/handle/1885/40208

Download

File Description SizeFormat Image
DP426.pdf97.72 kBAdobe PDFThumbnail


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  23 August 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator