| Author (Corporate) | European Commission: DG Employment Social Affairs and Inclusion |
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| Publisher | EU |
| Publication Date | 2015 |
| Content Type | Overview, Report |
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Reference budgets are baskets of goods and services that are considered necessary to reach an acceptable standard of living for an individual household within a given country, region or city. These budgets are designed taking into account: + the household composition, They can be based on either empirical data or on a participatory approach (focus groups). Reference budgets have been developed in various countries across Europe in the last few years. They are used for a variety of aims, including: + money and debt advice, They can also be used to assess income support – in particular minimum income schemes – in the EU. The European Reference Budgets Network + develop a common methodology to construct high-quality comparable reference budgets in all EU Member States, and Why a common methodology? + reflect acceptable standards of living that are comparable across Member States Reference budgets constructed with a common methodology can: + help Member States to design effective and adequate income support measures Outputs + Provide an overview of the current state of play on reference budgets and an analysis of political, methodological and analytical features The project is run by Applica and the Herman Deleeck Centre for Social Policy, University of Antwerp on behalf of DG Employment, Social Affairs and Inclusion. |
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| Source Link | Link to Main Source http://ec.europa.eu/social/main.jsp?catId=1092&intPageId=2312 |
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| Subject Categories | Employment and Social Affairs |
| Countries / Regions | Europe |
