The wealth index is a composite indicator for measuring the living standard of households in low- and middle-income countries. It is calculated using data on a household’s ownership of a selected set of assets, dwelling characteristics, type of water access, and toilet and sanitation facilities. The wealth index considers characteristics related to wealth status, avoiding variables that do not represent an asset, or outcome variables.
Wealth Index / Elena Pirani. - ELETTRONICO. - (2021), pp. 1-3.
Wealth Index
Elena Pirani
2021
Abstract
The wealth index is a composite indicator for measuring the living standard of households in low- and middle-income countries. It is calculated using data on a household’s ownership of a selected set of assets, dwelling characteristics, type of water access, and toilet and sanitation facilities. The wealth index considers characteristics related to wealth status, avoiding variables that do not represent an asset, or outcome variables.
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