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What is the Households Below Average Income report about?

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What is the Households Below Average Income report about?

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The Households Below Average Income statistical report (HBAI) uses household disposable incomes, adjusted for household size and composition, as a proxy for material living standards. It principally gives information on the income distribution in GB / UK from the financial years 1994/5 to 2005/06 using cross-sectional data from the DWP Family Resources Survey (FRS). Analyses of FRS data are published on the DWP website at: http://research.dwp.gov.uk/asd/frs. Relative and Absolute poverty measures: The key findings refer to numbers and proportion of groups below 60 % contemporary median income threshold, which we describe as the relative poverty measure and 60% 1998-99 median income threshold, which we describe as the absolute poverty measure. The 60% contemporary income threshold is 60% of the median income for each year’s survey. The 60% 1998-99 income threshold uses the median from 1998-99 year, which is then uprated for inflation as appropriate. Before and After Housing Costs: HBAI

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