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E.g. OECD normalizes household income by household size: > Household income is adjusted for differences in the needs of households of different sizes with an e
by jampekka 1y ago
E.g. OECD normalizes household income by household size:
> Household income is adjusted for differences in the needs of households of different sizes with an equivalence scale that divides household income by the square root of household size. The adjusted income is then attributed to every person in the household.
https://www.oecd.org/en/publications/society-at-a-glance-2024_918d8db3-en/full-report/household-income_3ee61044.html https://www.oecd.org/en/publications/society-at-a-glance-202...