• Carsten Schröder
Part of the Contributions to Economics book series (CE)


An extensive body of empirical and theoretical literature deals with the measurement of social welfare. This body can be decomposed in several different but related topics, all of which have implications for empirical studies in welfare economics. One of these topics are household equivalence scales which help to compare welfare levels across households that differ in composition. An equivalence scale relates the income of any arbitrary household type to the income of a reference household such that both households are equally well-off.


Household Member Equivalence Scale Economic Approach Household Production Contingent Valuation Method 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2004

Authors and Affiliations

  • Carsten Schröder
    • 1
  1. 1.Department of Economics Institute of Public Finance and Social PolicyUniversity of KielKielGermany

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