miuc {rtip}

Mean income per unit of consumption

Description

Estimates the mean income per unit of consumption which is the mean of the equivalised disposable income.

Usage

miuc(dataset, ipuc = "ipuc", hhcsw = "DB090", hhsize = "HX040",
  ci = NULL, rep = 1000, verbose = FALSE)

Arguments

dataset

a data.frame containing the variables.

ipuc

a character string indicating the variable name of the income per unit of consumption. Default is "ipuc".

hhcsw

a character string indicating the variable name of the household cross-sectional weight. Default is "DB090".

hhsize

a character string indicating the variable name of the household size. Default is "HX040".

ci

a scalar or vector containing the confidence level(s) of the required interval(s). Default does not calculate the confidence interval.

rep

a number to make the confidence interval using boostrap technique.

verbose

logical; if TRUE the confidence interval is plotted.

Details

The equivalised disposable income is calculated using the standard equivalence scale (called the modified OECD scale) recommended by Eurostat. The parametric scale of Buhmann et al. (1988) can also be used. The default is the modified OECD scale (see setupDataset).

Value

The value of mean income per unit of consumption

Author(s)

A. Berihuete, C.D. Ramos and M.A. Sordo

References

B. Buhmann et al. (1988) Equivalence scales, well-being, inequality and poverty: sensitivity estimates across ten countries using the Luxembourg Income Study (LIS) database, Review of Income and Wealth, 34, 115–142.

http://ec.europa.eu/eurostat/statistics-explained/index.php/Glossary:Equivalised_disposable_income

See Also

setupDataset.

Examples

data(eusilc2)
ATdataset <- setupDataset(eusilc2, country = "AT")
miuc(ATdataset)