The mean value of the Equivalized Income. Equivalised Disposable Household Income refers to cash and non-cash income from labour, income from capital, income from pensions (including private and public pensions) and non-pension public social benefits stemming from insurance, universal or assistance schemes (including in-kind social assistance transfers), as well as cash and non-cash private transfers, after deduction of the amount of income taxes and social contributions paid. Disposable Household Income is equivalised at individual level as the total amount divided by the square root of household members. Before equivalisation, top and bottom coding has been applied by setting boundaries for extreme values of log transformed Disposable Household Income: at the top Q3 plus 3 times the interquartile range (Q3-Q1), and at the bottom Q1 minus 3 times the interquartile range.
Type of variable: Continuous
Downloaded by QoG on: 2023-12-15
Last updated by source: 2023-07-12
| Dataset | No. Countries |
|---|---|
| Standard cross-section: | 34 |
| Standard time-series: | 53 |
| OECD time-series: | 34 |