Equivalisation

Equivalisation is a technique in economics in which members of a household receive different weightings. Total household income is then divided by the sum of the weightings to yield a representative income.

Also called the "Oxford scale" and the "old OECD scale". Mentioned by the OECD in the 1980s for possible use in countries without an established scale.

Currently used by Eurostat.

Adopted by more recent OECD publications. The household income is divided by the square root of household size.

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