Two different concepts of 'equivalent variation' have been used to measure the welfare effects of policy changes. One applies to uncompensated changes in which utility can vary, the other to compensated changes in which it is held constant. Harberger [J
Contemporary accounts of welfare state change have produced conflicting findings and incompatible th...
The concepts of compensating and equivalent variation are widely used in Public Economics.They deriv...
The introduction of innovative macro-measures has been one of the preferred means to account for ide...
Three measure commonly used to evaluate the consumer welfare implications of a policy change are rev...
Many measurements of consumer welfare have been proposed to reflect the income equivalent of a welfa...
across individuals or homogenous groups to give an overall measure of the desirability of a given po...
We investigate under which conditions the sign of the sum of both the individual compensating and eq...
This paper develops a measure of the change in welfare of a household or an economy due to exogenous...
The welfare change from a price increase-for example, the compensating variation (cv)-is often calcu...
The introduction of innovative macro-measures has been one of the preferred means to account for ide...
The paper proposes a new and normative approach for adjusting households' incomes in order to accoun...
One can easily obtain exact closed-form solutions for the compensating variation (and equivalent var...
We study the welfare change from project and policies when consumers' behaviour is described with ad...
Nonmarket goods include quality aspects of market goods and public goods which may be substitutes or...
Although the limitations of consumer surplus have become widely known, there exists a lack of studie...
Contemporary accounts of welfare state change have produced conflicting findings and incompatible th...
The concepts of compensating and equivalent variation are widely used in Public Economics.They deriv...
The introduction of innovative macro-measures has been one of the preferred means to account for ide...
Three measure commonly used to evaluate the consumer welfare implications of a policy change are rev...
Many measurements of consumer welfare have been proposed to reflect the income equivalent of a welfa...
across individuals or homogenous groups to give an overall measure of the desirability of a given po...
We investigate under which conditions the sign of the sum of both the individual compensating and eq...
This paper develops a measure of the change in welfare of a household or an economy due to exogenous...
The welfare change from a price increase-for example, the compensating variation (cv)-is often calcu...
The introduction of innovative macro-measures has been one of the preferred means to account for ide...
The paper proposes a new and normative approach for adjusting households' incomes in order to accoun...
One can easily obtain exact closed-form solutions for the compensating variation (and equivalent var...
We study the welfare change from project and policies when consumers' behaviour is described with ad...
Nonmarket goods include quality aspects of market goods and public goods which may be substitutes or...
Although the limitations of consumer surplus have become widely known, there exists a lack of studie...
Contemporary accounts of welfare state change have produced conflicting findings and incompatible th...
The concepts of compensating and equivalent variation are widely used in Public Economics.They deriv...
The introduction of innovative macro-measures has been one of the preferred means to account for ide...
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