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
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Englisch
- Erschienen in
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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)
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Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Borah, Melanie
- Knabe, Andreas
- Kuhställer, Carina
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2016