Abstract
It is shown that in the twelve year period from 1973 to 1985 Canadians’ estimates of family income needs tended to be about 51% of actual average family incomes, in current dollars. Estimated needs in current dollars increased 12 times more rapidly than actual average family incomes in constant 1985 dollars.
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References
Michalos, A.C.: 1985, “Multiple discrepancies theory (MDT)”, Social Indicators Research, 16: 347–413.
Rainwater, L.: 1974, What Money Buys. New York: Basic Books.
Turner, C.F. and E. Martin (eds.): 1984, Surveying Subjective Phenomena, Vol. 1, New York: Russell Sage Foundation.
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© 2003 Springer Science+Business Media Dordrecht
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Michalos, A.C. (2003). Discrepancies Between Perceived Income Needs and Actual Incomes. In: Essays on the Quality of Life. Social Indicators Research Series, vol 19. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-0389-5_7
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DOI: https://doi.org/10.1007/978-94-017-0389-5_7
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