Summary Income Variables

LIS Summary Income Variables

VARIABLE NAME			VARIABLE LABEL	VARIABLE NAME
GROSS DATASETS				NET DATASETS
V1			gross wages and salaries
			net wages and salaries	V1NET
V4	+ +		farm self-employment income	V4	+ +
V5	+ +		non-farm self-employment income	V5	+ +
	SELFI		self-employment income		= SELFI
EARNING			earnings
			net earnings	EARNNET
V8			cash property income	V8
FI			factor income
			net factor income	FINET
V32	+ +		private occupational and other pensions	V32	+ +
V33	+ +		public sector occupational pensions	V33	+ +
	PENSIOI		occupational pensions		= PENSIOI
MI			market income
			net market income	MINET
V19		+ + + + + + + + +	state old-age and survivors benefits	V19		+ + + + + + + + +
V20			child / family benefits	V20
V21			unemployment compensation benefits	V21
V16	+ + + + + +		sickness benefits	V16	+ + + + + +
V17			occupational injury and disease benefits	V17
V18			disability benefits	V18
V22			maternity and other family leave benefits	V22
V23			military / veterans / war benefits	V23
V24			other social insurance benefits	V24
	= OTHSOCI		social insurance transfers excl V19-V21		= OTHSOCI
		= SOCI	social insurance transfers			= SOCI
V25	+ +	+ +	social assistance cash benefits	V25	+ +	+ +
V26	+ +	+ +	near-cash benefits	V26	+ +	+ +
	= MEANSI		social assistance transfers		= MEANSI
		= SOCTRANS	social transfers			= SOCTRANS
V34	+ +	+ +	alimony / child support	V34	+ +	+ +
V35	+ +	+ +	regular private transfers	V35	+ +	+ +
	= PRIVATI		private transfers		= PRIVATI
		= TRANSI	transfer income			= TRANSI
V36			other cash income	V36
GI			gross income
			net income	GINET
- V7	+ +		mandatory contributions for self-employed	( V7 )	empty
- V13	+ +		mandatory employee contributions	( V13 )	empty
	= PAYROLL		mandatory payroll taxes
- V11			income taxes	( V11 )	empty
DPI			net disposable income .	DPI

Notes :

1. The variables in the sceme apply to the household level, and are available in the household files

2. A list of all NET-datasets is available on the LIS-website.

3. The definition of LIS net disposable income excludes certain types of income to ensure optimal cross-national comparisons.

DPI does not include variables V2, V3, V6, V9, V27--V31a, V37 (not added), neither are V8X, V12, V14, V34X, V35X deducted.

Users who wish to construct their own disposable income can feel free to add-in, or substract variables from the ones mentioned above.

4. From wave 4 onwards, several of the income variables Vxx are decomposed in more detailed sub-variables (VxxS1 -- VxxSr).

Where present, sub-variables always add up to the main income variable.