Equivalence scales based on revealed preference consumption expenditures - the case of Germany

Joachim Merz; Jürgen Faik

doi:10.1515/jbnst-1995-0405

Equivalence scales based on revealed preference consumption expenditures - the case of Germany

Titel in Übersetzung: Äquivalenzskalen auf der Basis von Konsumausgaben offenbarter Präferenzen: Ergebnisse für die Bundesrepublik Deutschland

Joachim Merz
, Jürgen Faik

Goethe-Universität Frankfurt am Main

Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › Begutachtung

Abstract

Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.

Titel in Übersetzung	Äquivalenzskalen auf der Basis von Konsumausgaben offenbarter Präferenzen: Ergebnisse für die Bundesrepublik Deutschland
Originalsprache	Englisch
Zeitschrift	Jahrbücher für Nationalökonomie und Statistik
Jahrgang	214
Ausgabenummer	4
Seiten (von - bis)	425-447
Seitenumfang	23
ISSN	0021-4027
DOIs	https://doi.org/10.1515/jbnst-1995-0405
Publikationsstatus	Erschienen - 01.07.1995

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10.1515/jbnst-1995-0405

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abstract = "Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.",

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author = "Joachim Merz and J{\"u}rgen Faik",

year = "1995",

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AU - Faik, Jürgen

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N2 - Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.

AB - Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.

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ER -

Equivalence scales based on revealed preference consumption expenditures - the case of Germany

Abstract

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