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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Personal Assessments of Minimum Income and Expenses: What Do They Tell Us about 'minimum Living' Thresholds and Equivalence Scales?

Personal Assessments of Minimum Income and Expenses: What Do They Tell Us about 'minimum Living' Thresholds and Equivalence Scales?

Short, Kathleen
Us Bureau of Labor Statistics (Bls)
Garner, Thesia I.

Paperback

General Political Science

ISBN10: 1249322782
ISBN13: 9781249322788
Publisher: Bibliogov
Published: Aug 31 2012
Pages: 70
Weight: 0.31
Height: 0.15 Width: 7.44 Depth: 9.69
Language: English
Subjective minimum income (MIQ) and minimum spending (MSQ) are the study focus. Basic Needs Module (1995) data from the U.S. Survey of Income and Program Participation are analyzed. A regression intersection approach is used to estimate household thresholds. MIQ thresholds are higher than MSQ thresholds. Both are higher than U.S. official poverty thresholds, and thresholds based on a National Academy of Sciences (NAS) methodology. Subjective threshold based equivalence scales imply greater economies of scale than those in the other two measures but are similar to behavioral scales. This finding suggests that families make trade-offs to meet their minimum needs.

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