| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27242 |
| 来源ID | Working Paper 27242 |
| Sufficient Statistics Revisited | |
| Henrik Kleven | |
| 发表日期 | 2020-05-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper reviews and generalizes the sufficient statistics approach to policy evaluation. The idea of the approach is that the welfare effect of policy changes can be expressed in terms estimable reduced-form elasticities, allowing for policy evaluation without estimating the structural primitives of fully specified models. The approach relies on three assumptions: that policy changes are small, that government policy is the only source of market imperfection, and that a set of high-level restrictions on the environment and on preferences can be used to reduce the number of elasticities to be estimated. We generalize the approach in all three dimensions. It is possible to develop transparent sufficient statistics formulas under very general conditions, but the estimation requirements increase greatly. Starting from such general formulas elucidates that feasible empirical implementations are in fact structural approaches. |
| 主题 | Microeconomics ; Households and Firms ; Welfare and Collective Choice ; Public Economics ; Taxation ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w27242 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584914 |
| 推荐引用方式 GB/T 7714 | Henrik Kleven. Sufficient Statistics Revisited. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27242.pdf（480KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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