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Is it possible to assign a dollar amount to the wealth index factor score? [message #19683] Sun, 02 August 2020 01:09 Go to next message
umiedotre9 is currently offline  umiedotre9
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Many people have trouble understanding when we say, "the bottom wealth quintile" but can easily understand, "less than 2$ a day".

Is it possible to assign a dollar amount to the wealth index factor score? Or at least, is it possible to assign a range of possible incomes, daily expenditures, or net worth based on the wealth index factor score? Does anyone have any experience trying to map the quintiles to $ amounts, perhaps using other country data?

I'd be grateful for any tips!https://9apps.ooo/

[Updated on: Sun, 02 August 2020 23:33]

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Re: Is it possible to assign a dollar amount to the wealth index factor score? [message #19696 is a reply to message #19683] Tue, 04 August 2020 09:19 Go to previous messageGo to next message
Bridgette-DHS is currently offline  Bridgette-DHS
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Please see the response below from Sara Riese, Senior Demographic and Health Researcher:


While the wealth index factor score and quintiles cannot by themselves be used to estimate income, there are some groups that have linked the DHS quintiles to other income or consumption surveys to estimate individual or household income based on the wealth quintiles. The Asset to Income Estimator (https://m4mgmt.org/asset-to-income-estimator/) does this for many countries with available DHS data, and allows you to estimate individual or household income on a daily, monthly, or annual basis.

Please let me know if there are any questions.

Re: Is it possible to assign a dollar amount to the wealth index factor score? [message #19829 is a reply to message #19696] Wed, 19 August 2020 07:32 Go to previous messageGo to next message
singhharry12 is currently offline  singhharry12
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Does anyone have any experience trying to map the quintiles to $ amounts, perhaps using other country data?
Re: Is it possible to assign a dollar amount to the wealth index factor score? [message #19859 is a reply to message #19829] Fri, 21 August 2020 13:45 Go to previous messageGo to next message
Bridgette-DHS is currently offline  Bridgette-DHS
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Please see the response below from Sara Riese, Senior Demographic and Health Researcher:

We within the DHS project have not worked on mapping the quintiles to dollar amounts. Please refer to the earlier response for an external resource which has done work in this area.
Re: Is it possible to assign a dollar amount to the wealth index factor score? [message #20117 is a reply to message #19683] Sat, 26 September 2020 05:25 Go to previous message
roundcubenine is currently offline  roundcubenine
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The resulting combined wealth index has a mean of zero and a standard deviation of one, and once it is obtained, national-level wealth quintiles are obtained by assigning the household score to each de jure household member, ranking each person in the population by their score and then dividing the ranking into five


[Updated on: Wed, 07 October 2020 14:04]

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