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Guidelines for constructing consumption aggregates for welfare analysis (English)

An analyst using household survey data to construct a welfare metric is often confronted with onfronted with An analyst using household survey data to construct a welfare metric is often confronted with a number of theoretical and practical problems. What components should be included in the overall welfare measure? Should differences in tastes be taken into account when making comparisons across people and households? How best should differences...
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Deaton, Angus; Zaidi, Salman.

Guidelines for constructing consumption aggregates for welfare analysis (English). Living standards measurement study (LSMS) working paper|no. LSM 135 Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/206561468781153320

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