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  • 标题:Two can live as cheaply as one... But three's a crowd
  • 作者:Christopher R. Bollinger ; Cheti Nicoletti ; Stephen Pudney
  • 期刊名称:Discussion Papers in Economics / Department of Economics, University of York
  • 出版年度:2012
  • 卷号:2012
  • 出版社:University of York
  • 摘要:To measure poverty, incomes must be equivalized across households with different structures. In this paper, we use a very flexible ordered response model to analyze the relationship between income, demographic structure and subjective assessments of financial wellbeing drawn from the 1991-2008 British Household Panel Survey. Our results suggest the existence of large scale economies within marital/cohabiting couples, but substantial diseconomies from the addition of children or further adults. This pattern contrasts sharply with commonly-used equivalence scales, and is consistent with explanations in terms of the capital requirements associated with additions to the core couple.
  • 关键词:Equivalence scales; subjective wellbeing
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