Income in Understanding and BHPS
I see someone else raised a question about the precise calculation of income variables in Understanding Society. In the interim, before that documentation is released, can you tell me if any of the derived variables (either personal or household) in Understanding Society are consistent with any of the income variables in BHPS?
We are using panelists from both surveys and want to ensure the measure is consistent, and were not sure if that required constructing our own.
Thanks so much in advance!