Equivalisation

Equivalisation is a technique in economics in which members of a household receive different weightings.[1] Total household income is then divided by the sum of the weightings to yield a representative income. Equivalisation scales are used to adjust household income, taking into account household size and composition, mainly for comparative purposes.

  1. ^ "UK: numbers in low income – The Poverty Site". Poverty.org.uk. Archived from the original on 2010-07-13. Retrieved 2010-07-19.