Support #826
closed
transformed HH income measure?
100%
Description
Does anyone have suggestions on how to make household incomes comparable across years in the BHPS survey? Is there a variable in the dataset that are transformed to make income comparisons across years? Or something like a consumer price index to make the transformation myself?
Thanks.
Updated by Stephanie Auty over 7 years ago
- Category set to Income
- Status changed from New to In Progress
- Assignee set to Stephanie Auty
- Target version set to BHPS
- % Done changed from 0 to 10
- Private changed from Yes to No
Many thanks for your enquiry. The Understanding Society team is looking into it and we will get back to you as soon as we can.
Best wishes,
Stephanie Auty - Understanding Society User Support Officer
Updated by Stephanie Auty over 7 years ago
Dear Seok Woo Kwon,
We do not include an adjustment factor for comparability purposes across time. It should be straightforward to make the adjustment using the Consumer Price Index series:
https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/d7bt/mm23
Best wishes,
Stephanie Auty - Understanding Society User Support Officer
Updated by Stephanie Auty over 7 years ago
- Status changed from In Progress to Feedback
- % Done changed from 10 to 70
Updated by Stephanie Auty about 7 years ago
- Status changed from Feedback to Resolved
- Assignee changed from Stephanie Auty to Seok Woo Kwon
- % Done changed from 70 to 100
Updated by Stephanie Auty about 7 years ago
- Status changed from Resolved to Closed