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Quality & Quantity

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03.03.2016

Quantifying the economic cost of children: a note on intertemporal equivalence scales

verfasst von: Gianni Betti

Erschienen in: Quality & Quantity | Ausgabe 3/2017

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Abstract

Static economic models based on complete demand systems are inadequate for estimating unconditional equivalence scales; in order to capture the effects of demographic changes on consumer behaviour, a life-cycle dynamic model is taken into account. In literature, studies have presented and evaluated longitudinal equivalence scales and intertemporal cost of children but these cannot be applied in practice when equivalence scales are utilised in poverty or income distribution analyses. This paper proposes intratemporal equivalent income scales, which are within period index numbers incorporating intertemporal consumer behaviour.

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Titel: Quantifying the economic cost of children: a note on intertemporal equivalence scales
verfasst von: Gianni Betti
Publikationsdatum: 03.03.2016
Verlag: Springer Netherlands
Erschienen in: Quality & Quantity / Ausgabe 3/2017
Print ISSN: 0033-5177
Elektronische ISSN: 1573-7845
DOI: https://doi.org/10.1007/s11135-016-0325-2

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