Meaning of equivalisation | Babel Free
Definitions
The estimation of a representative income of a household from a weighted average of those of its members.
Examples
“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 ].”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free