Arbeitspapier

Reference Income Effects in the Determination of Equivalence Scales Using Income Satisfaction Data

We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend previous studies applying this approach by taking reference income into account. This allows separating needs-based from reference effects in the determination of income satisfaction. We show that this adjustment helps to overcome a bias causing an overestimation of adults' and an underestimation of children's needs-based equivalence weights. Our results indicate that controlling for income comparisons eliminates the gap between equivalence scale parameters for adults and children found in other studies.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 6123

Klassifikation
Wirtschaft
Measurement and Analysis of Poverty
Fertility; Family Planning; Child Care; Children; Youth
Personal Income, Wealth, and Their Distributions
Thema
equivalence scale
income satisfaction
relative income

Ereignis
Geistige Schöpfung
(wer)
Borah, Melanie
Knabe, Andreas
Kuhställer, Carina
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Borah, Melanie
  • Knabe, Andreas
  • Kuhställer, Carina
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2016

Ähnliche Objekte (12)