Revenue was defined as the sum of incomes and social allowances.
The second part was composed by data on the socio-economic characteristics of the family: number of persons living in the house; number of bedrooms; material goods (TV, refrigerator, stereo, microwave oven, washing machine, number of cars; ranging from zero to ten goods); and also the family income (the sum of incomes received per each person living in the house ranging from R$250.000 to 9,500.00).
Household income was computed as the sum of income of all people in a particular household.
An objective function named actual annual benefit was defined as the sum of income (from selling electricity) and expenses (such as investment cost, operation and maintenance costs).
Income deprivation is operationalized as the Yitzhaki index, i.e., as a function of the sum of income differences between an individual and others in her reference group who are more affluent.
If the parents prefer to maximize the sum of income of their children, then they will prioritize investment in children who have a higher marginal rate of return.
As a result, rich men have to increase the sum of income transfers and the amount of bequests, if they want to marry polygynously.
The full income constraint is defined as the sum of income from the operator's off-farm labor ( w E o E o E s ), spouse's off-farm labor ( w E s E s E o ), farm profits (π F ), and other household non-labor income (V) minus the total income (I).
For expositional convenience, we report the ordinal instead of the normalized scores in the Table, even though the latter are used in the analyses that follow.> -wrap-foot> Note: Income (förvärvsinkomst) is defined as the sum of income earned from wage labor, income from own business, pension income and unemployment compensation.
Lost income because of death was calculated as the sum of income at the time of death and the projected duration of the patient's working life, assuming that they would have worked until the retirement age of 60 years old for men or 55 years old for women (after 2014, the new retirement age is 62 years old for men or 57 years old for women) adjusted for the probability of death from other causes.
Based on this idea, in (Dolls et al. 2012), we define the "income stabilization coefficient" τ which shows how changes in market income (defined as the sum of all incomes from market activities such as (self -employment, buself -employmentrty income) Y M translate into changes in disposabusinessme (mandet income minus taxes propertyefincome D through changes in net tax paYMentranslate
