The full equivalence scales: an estimation integrating the monetary and time dimensions of households’ expenditures
Journal article: The statistical match of a Family Budgets survey and Time Use survey (INSEE 2000) makes possible, once evaluated the cost of the time, the estimation of the full expenditure of household integrating the value of the domestic production and the monetary expenditure. The full cost of the child computed using the classic methods of demand systems estimation is higher than the child cost obtained by the monetary approach. To a lesser extent the same result is obtained for the cost of a second adult. The economies of scale seem to be stronger in the time use dimension than for monetary expenditure. Also, the inequality of the full incomes obtained by the matching is lower than those computed on monetary incomes only.
Author(s)
François Gardes, Imen Sayadi, Christophe Starzec
Journal
- Revue d’économie politique
Date of publication
- 2015
Keywords JEL
Keywords
- Equivalence scale
- Child cost
- Time allocation
- Monetary expenditure
- Full expenditure
- Income inequalities
- Poverty
Pages
- 393-414
URL of the HAL notice
Version
- 1
Volume
- 125