equivalisation
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English
Noun
equivalisation (plural equivalisations)
- (economics) The estimation of a representative income of a household from a weighted average of those of its members.
- 2015 July 22, “The Economic Lives of People with Disabilities in Vietnam”, in PLOS ONE, :
- 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 ].