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

Fecha: 2006
Resumen: 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.
Derechos: Tots els drets reservats.
Lengua: Anglès
Colección: Departament d'Economia Aplicada. Documents de treball
Colección: Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; 01.14
Documento: Working paper
Materia: Economia del benestar ; Models matemàtics



17 p, 154.0 KB

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Documentos de investigación > Working papers > Departamento de Economía Aplicada. Documentos de trabajo

 Registro creado el 2009-07-14, última modificación el 2023-07-29



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