An equivalence scale standardizes economic resources (incomes, fortunes or expenditures for consumption) of households of different size and/or different structure (e.g. different age structure) in prosperity and/or in poverty investigations.

It reflects therefore both individual need differences and the savings of common housekeeping (the positive scale effects in such a way specified).

An equivalence scale measures according to the necessary proportional increase of household resources when being added a further person, on the condition that the welfare level of the household remains maintaining straight.

''' The equivalence relation ''' an investigation household represents the relationship of the household-referred equivalence scale values of this investigation household to the equivalence scale values of the reference household, usually a one-person household with equivalence scale values of unity.

Articles in category "Equivalence scale"

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• Adjusting household incomes: equivalence scales
  A wide range of equivalence scales exist, many of which are reviewed in Atkinson ... method for determining equivalence scales, and no equivalence scale is ...


• Equivalence Scale Relativities and the Extent of Inequality and ...
  Downloadable ! Author(s): Coulter, Fiona AE & Cowell, Frank A & Jenkins, Stephen P. 1992 Abstract: Most inequality and poverty theory analyzes.


• Equivalence Scale Relativities Revisited
  Downloadable ! Author(s): Banks, James & Johnson, Paul. 1994 Abstract: Recent studies have assessed the impact of choice of equivalence scale on economists' ...


• What are equivalence scales
  The needs of a household grow with each additional member but