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HOUSEHOLD INCOME PLUS HOUSEHOLD PRODUCTION: THE DISTRIBUTION OF EXTENDED INCOME IN THE U.K.
Author(s) -
Jenkins Stephen P.,
O'Leary Nigel C.
Publication year - 1996
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1996.tb00191.x
Subject(s) - economics , adjusted gross income , income distribution , distribution (mathematics) , household income , production (economics) , income in kind , total personal income , labour economics , net national income , comprehensive income , family income , demographic economics , gross income , geography , public economics , microeconomics , economic growth , inequality , mathematics , mathematical analysis , archaeology , tax reform , state income tax
This paper provides new estimates of the distribution of extended income amongst non‐elderly, one‐family households in the U.K. by combining household money income data and valuations of household production time. Extended income is substantially more equal than money income and extending the income definition changes income relativities significantly between families with and without earners and between married couple families and singles.