The time lag in annual household-based income measures: Assessing and correcting the bias

Détails

Ressource 1Télécharger: Debels, Vandecasteele (2008) The Time Lag in Annual Household-based Income Measures.pdf (714.11 [Ko])
Etat: Public
Version: Author's accepted manuscript
Licence: Non spécifiée
ID Serval
serval:BIB_D8328E4D7DC1
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
The time lag in annual household-based income measures: Assessing and correcting the bias
Périodique
Review of Income and Wealth
Auteur(s)
Debels A., Vandecasteele Leen
ISSN
1475-4991 (online)
Statut éditorial
Publié
Date de publication
2008
Volume
54
Numéro
1
Pages
71 - 88
Langue
anglais
Résumé
Annual income data are typically provided with a time lag. This article reviews several ways of dealing with this time lag in the construction of annual household-based income measures for individual economic well-being. It also proposes an alternative method that yields better estimates for equivalised household income, especially in the case of household composition change. Next, the two most commonly applied income measures are compared to this alternative measure with empirical income data from the European Community Household Panel. This comparison reveals that ignoring the time lag and household composition changes leads to substantial bias in income and poverty estimates and to erroneous conclusions about the determinants of poverty entry. The evidence in this article will be useful to researchers who want to make a well-informed choice between different annual income measures.
Mots-clé
Household income, Annual income, Poverty dynamics, Income measurement, European community household panel
Création de la notice
18/12/2018 11:46
Dernière modification de la notice
21/11/2019 18:21
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