What does equivalisation mean?
Equivalisation means (economics) The estimation of a representative income of a household from a weighted average of those of its members..
Pronunciation varies by accent · noun
(economics) The estimation of a representative income of a household from a weighted average of those of its members..
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 ].
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Equivalisation means (economics) The estimation of a representative income of a household from a weighted average of those of its members..
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The opposite depends on the specific sense.
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 ].
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