2001
DOI: 10.1111/1475-4991.00001
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Toward a Uniform Definition of Household Income

Abstract: By marrying a “top‐down” national income‐based approach with a “bottom‐up” microdata approach, and a national income accounting perspective with a theoretical perspective, this article attempts to provide a unified framework for aggregating income types to create an income definition that enables researchers to make valid comparisons across nations. An examination of several national household income surveys shows that it is next to impossible to quantify all elements of any new definition in a way that makes … Show more

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Cited by 123 publications
(76 citation statements)
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“…Atkinson, Rainwater and Smeeding, 1995;Sheridan and Macedrie, 1999;and Smeeding and Weinberg, 2001;Congressional Budget Office, 2016). The household is also the traditional sharing unit that is recommended by the Canberra Group for measuring income (United Nations Economic…”
Section: Householdsmentioning
confidence: 99%
“…Atkinson, Rainwater and Smeeding, 1995;Sheridan and Macedrie, 1999;and Smeeding and Weinberg, 2001;Congressional Budget Office, 2016). The household is also the traditional sharing unit that is recommended by the Canberra Group for measuring income (United Nations Economic…”
Section: Householdsmentioning
confidence: 99%
“…Like other types of private in-kind income, such as imputed rent for owner-occupied housing and fringe benefits, home production improves household welfare without being reflected in the household's cash flow, either in disposable household income or in labor income (see Smeeding and Weinberg 2001). In distributional analyses, the omission of private in-kind incomes may lead to substantially biased results on economic inequality and poverty.…”
Section: Introductionmentioning
confidence: 99%
“…The use of income as a measure of a household's spending power is, however, not without problems (Rossiter, 1995). Not only is there no agreement on what exactly constitutes a household's income (Smeeding & Weinberg, 2001), but there are also different ways of computing income resulting in different meanings (Rossiter, 1995). Per capita income is a measure of the amount of money a person can spend, while gross household income reflects lifestyle opportunities and is strongly correlated with educational background and age cohort effects (Loudon & Della Bitta, 1993).…”
Section: Introductionmentioning
confidence: 99%