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The role of food and housing expenditures in household economic well-being: Evidence from Czechia
This study focuses on the food and housing expenditures of households relative to their disposable incomes, utilizing a unique opportunity of merged national-level data from the Household Budget Survey and EU-Statistics on Income and Living Conditions in Czechia (2020–2023). The study considers both Engel’s law on food expenditures and Schwabe’s law on housing expenditures by verifying their implications for poverty measures. Interpretation of the two laws assumes that households spending the same shares…
Témata: Bydlení, Mzdy a příjmy, Životní úroveň
Equivalence scale and income poverty: Two approaches how to estimate country-specific scale for the Czech Republic
The at-risk-of-poverty rate, the relative income poverty indicator applied in the EU, can be highly sensitive to the equivalence scale used to transform household income to an equivalent for individuals. This study applies two well-established approaches to estimate the equivalence scale: an ‘objective’ one, based on consumption expenditures available in the national Household Budget Survey, and a ‘subjective’ one, based on the Minimum Income Question available in EU–Statistics on Income and Living C…
Témata: Mzdy a příjmy, Životní úroveň