TY  - CHAP
AB  - The chapter estimates the cost of maintaining a child, at different ages, the cost of being single, and the cost of additional adults present in a family, with the aim of making comparable the income levels of different households. The study investigates the issue of econometric identification of equivalence scales within a demand system modified to include demographic characteristics consistently with economic theory. It shows that a robust estimation of equivalence scales must take into formal consideration the problem of econometric identification. The estimate also puts forward all-encompassing demographic specifications to identify costs due to differences in needs, household lifestyles, and economies of scale.
VL  - 18
SN  - 978-0-85724-146-7, 978-0-85724-145-0/1049-2585
DO  - 10.1108/S1049-2585(2010)0000018013
UR  - https://doi.org/10.1108/S1049-2585(2010)0000018013
AU  - Menon Martina
AU  - Perali Federico
ED  - John A. Bishop
PY  - 2010
Y1  - 2010/01/01
TI  - Chapter 10 Econometric identification of the cost of maintaining a child
T2  - Studies in Applied Welfare Analysis: Papers from the Third ECINEQ Meeting
T3  - Research on Economic Inequality
PB  - Emerald Group Publishing Limited
SP  - 219
EP  - 255
Y2  - 2024/09/24
ER  -