Key points are not available for this paper at this time.
Sheldon Danziger, Jacques van der Gaag, Michael K. Taussig, Eugene Smolensky, The Direct Measurement of Welfare Levels: How Much Does it Cost to Make Ends Meet?, The Review of Economics and Statistics, Vol. 66, No. 3 (Aug., 1984), pp. 500-505
Danziger et al. (Wed,) studied this question.