OPINION RESEARCH CORP. MACRO INTERNATIONAL INC. (ORC MACRO)
This report documents the philosophy, history, and background of the DHS wealth index and describes the methodology employed in its construction and the decisions made about possible variations in the methodology.
Rutstein, Shea Oscar; Johnson, Kiersten · 2004

Abstract
After discussion of the advantages and disadvantages of using a wealth index as opposed to income and expenditure measures of economic status, a comparison is made between the wealth index and the expenditure index in a particular setting. This comparison shows that the wealth index explains the same or a greater amount of the differences between households on a set of health indicators, even though the wealth index requires far less effort from respondents, interviewers, data processors, and analysts. (Author abstract)
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USAID DEC