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Re: Wealth indices compare to income and consumption measures [message #30243 is a reply to message #28662] Tue, 22 October 2024 04:36 Go to previous message
Anonymous
Janet-DHS wrote on Wed, 28 February 2024 13:58
Following is a response from DHS staff member, Tom Pullum:

There has been much discussion of the wealth index on the forum. You can also look here: https://www.dhsprogram.com/topics/wealth-index/index.cfm.basketball stars
Wealth indices differ from income and consumption measures by capturing long-term assets and resources (e.g., property, durable goods) rather than just immediate earnings or spending. While income measures short-term financial flow and consumption reflects spending patterns, a wealth index offers a broader view of a household's overall economic stability, particularly in asset ownership and living standards.

[Updated on: Wed, 23 October 2024 03:28]

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