Mean income per unit of consumption
Estimates the mean income per unit of consumption which is the mean of the equivalized disposable income.
a data.frame containing variables obtained by using the setupDataset function.
logical; if TRUE, 95 percent confidence interval is given for the mean income per unit of consumption.
a number to make the confidence interval using boostrap technique.
logical; if TRUE the confindence interval is plotted.
The equivalized disposable income is calculated using the standar 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).
The value of mean income per unit of consumption
A. Berihuete, C.D. Ramos and M.A. Sordo
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.
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