Market Basket Measure Technical Paper: The other necessities component
Articles and reports: 75F0002M2022006
Description:
This technical paper describes how the cost for "other necessities" is estimated in the 2018-base MBM. It provides a brief overview of the theory and application of techniques for estimating costs of "other necessities" in poverty lines and deconstructs the 2018-base MBM other necessities component to provide insights on how it is constructed. The aim of this paper is to provide a more detailed understanding of how the other necessities component of the MBM is estimated.
Issue Number: 2022006
Main Product: Income Research Paper Series
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Source (Surveys and statistical programs)
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