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Welfare comparisons: sequential procedures for heterogenous populations
Lambert, Peter J.
Ramos Morilla, Xavier
Universitat Autònoma de Barcelona. Departament d'Economia Aplicada

Data: 2006
Resum: Some analysts use sequential dominance criteria, and others use equivalence scales in combination with non-sequential dominance tests, to make welfare comparisons of oint distributions of income and needs. In this paper we present a new sequential procedure hich copes with situations in which sequential dominance fails. We also demonstrate that there commendations deriving from the sequential approach are valid for distributions of equivalent income whatever equivalence scale the analyst might adopt. Thus the paper marries together the sequential and equivalizing approaches, seen as alternatives in much previous literature. All results are specified in forms which allow for demographic differences in the populations being compared.
Drets: Tots els drets reservats.
Llengua: Anglès.
Col·lecció: Documents de treball
Col·lecció: Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; 01.14
Document: workingPaper
Matèria: Economia del benestar ; Models matemàtics

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17 p, 154.0 KB

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