equivalisation
Noun
The estimation of a representative income of a household from a weighted average of those of its members.
- Examples
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More examples (1)
The equivalisation of household income furthermore does not account adequately for the opportunity costs in income experienced by other household members due to care-giving responsibilities, similar to methods which attempt to estimate the income loss attributable to productivity gaps between disabled and non-disabled people [28 ].
Word forms
equivalisations