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Per Capita Income Versus Household-Need Adjusted Income: A Cross-Country Comparison

Author

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  • Carsten Schr der
  • Polina Minkovski
  • Christos Koulovatianos

Abstract

We use data from the Luxembourg Income Study in order to quantify the economy wide monetary gains achieved by household-size economies due to within-household sharing of goods by individuals living in multimember households. In most countries out of the twenty countries we examine, we observe a decline in monetary gains achieved by household size economies over time. This decline is the result of a demographic trend towards smaller sized household units, rather than a change in the shares of aggregate disposable income earned by household types of different size.

Suggested Citation

  • Carsten Schr der & Polina Minkovski & Christos Koulovatianos, 2010. "Per Capita Income Versus Household-Need Adjusted Income: A Cross-Country Comparison," LIS Working papers 528, LIS Cross-National Data Center in Luxembourg.
  • Handle: RePEc:lis:liswps:528
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    Cited by:

    1. Carolina Achury & Sylwia Hubar & Christos Koulovatianos, 2012. "Saving Rates and Portfolio Choice with Subsistence Consumption," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(1), pages 108-126, January.
    2. Carolina Achury & Sylwia Hubar & Christos Koulovatianos, 2012. "Saving Rates and Portfolio Choice with Subsistence Consumption," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(1), pages 108-126, January.

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    More about this item

    Keywords

    equivalence scale; welfare; demographic change; Luxembourg Income Study; household size economies; income distribution; family economics;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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