Professor Sir Richard Blundell: all content

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Aggregation and consumer behaviour

Journal article

The availability of household-level data covering long periods of time makes it relatively easy to assess likely sources of aggregation bias. In this paper, the authors illustrate a promising methodology, which requires computing aggregation factors across households. If these factors are stable over time, aggregate data can be used to estimate micro-parameters.

27 September 1993

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Adult equivalence scales: a life-cycle perspective

Journal article

In any policy-orientated study of family welfare, it is inevitable that some comparison of welfare between households with different compositions will be required, and the theory of (adult) equivalence scales aims to formalise the way in which these comparisons may be made

1 August 1991