Equivalence scales based on revealed preference consumption expenditures - the case of Germany
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Equivalence scales based on revealed preference consumption expenditures - the case of Germany. / Merz, Joachim; Faik, Jürgen.
In: Jahrbücher für Nationalökonomie und Statistik, Vol. 214, No. 4, 01.07.1995, p. 425-447.Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Equivalence scales based on revealed preference consumption expenditures - the case of Germany
AU - Merz, Joachim
AU - Faik, Jürgen
PY - 1995/7/1
Y1 - 1995/7/1
N2 - Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.
AB - Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.
KW - Economics
UR - https://www.mendeley.com/catalogue/9ed79442-370b-30a9-b8f8-e23875516efb/
U2 - 10.1515/jbnst-1995-0405
DO - 10.1515/jbnst-1995-0405
M3 - Journal articles
VL - 214
SP - 425
EP - 447
JO - Jahrbücher für Nationalökonomie und Statistik
JF - Jahrbücher für Nationalökonomie und Statistik
SN - 0021-4027
IS - 4
ER -