Full Description
The book presents a quantitative analysis of household income distribution, welfare, poverty, cost of raising children, and taxation problems. The innovative construction of equivalence scales as an instrument for the assessment of these variables allows a unified treatment of households of different sizes and age composition with the aim of advancing meaningful and relevant research on welfare, taxation, and poverty. Each chapter of the book offers a self-contained theoretical and methodological presentation, enhanced with applications to real-life case studies.
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