Skip to content

ISER Working Paper Series 2012-05

Measuring living standards with income and consumption: evidence from the UK

Authors

Publication date

13 Mar 2012

Abstract

This paper compares consumption and income as measures of households’ living standards using UK data. It presents evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions one gets about trends in the level and inequality of living standards in the UK when using consumption, and when one adds an imputed income from housing, rather than near-cash income. It describes what different impressions one gets about the composition of households with low living standards if these are identified with consumption rather than income.

Subjects

Living Standards and Income Dynamics

Paper download  


Related publications

  1. Value judgements. What is the best measure of living standards, and does the value of housing play an important role?

    Mike Brewer and Cormac O'Dea

#520563


Research home

Research home

News

Latest findings, new research

Publications search

Search all research by subject and author

Podcasts

Researchers discuss their findings and what they mean for society

Projects

Background and context, methods and data, aims and outputs

Events

Conferences, seminars and workshops

Survey methodology

Specialist research, practice and study

Taking the long view

ISER's annual report

Themes

Key research themes and areas of interest