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Intertemporal Equivalence Scales

Authors: BETTI, GIANNI;

Intertemporal Equivalence Scales

Abstract

Static economic models based on complete demand systems are inadequate for estimating unconditional equivalence scales; in order to capture the effects of demographic changes on consumer behaviour, a life-cycle dynamic model is taken into account. Recent studies have presented and evaluated longitudinal equivalence scales and intertemporal cost of children but these cannot be applied in practice when equivalence scales are utilised in poverty or income distribution analyses. This paper presents intratemporal equivalent income scales, which are within period index numbers incorporating intertemporal consumer behaviour. The life-cycle model is estimated on the basis of the Italian Household Budget Survey from 1985 to 1994.

Country
Italy
Related Organizations
Keywords

Complete Demand Systems, Equivalence Scales, Pseudo Panels, Equivalence Scales, Complete Demand Systems, Life-cycle models, Pseudo Panels., Life-cycle models

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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