Variable: Median Equivalized Income

QoG Code: (lis_medeqi)


Dataset: Luxembourg Income Study database and the Luxembourg Wealth Study database

Description:

The median 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


Categories:

Public Economy Private Economy


Find this variable in:

OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Standard cross-section: 34
Standard time-series: 53
OECD time-series: 34


This variable has information for these countries:

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