| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27640 |
| 来源ID | Working Paper 27640 |
| Welfare Analysis Meets Causal Inference | |
| Amy Finkelstein; Nathaniel Hendren | |
| 发表日期 | 2020-08-10 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We describe a framework for empirical welfare analysis that uses the causal estimates of a policy’s impact on net government spending. This framework provides guidance for which causal effects are (and are not) needed for empirical welfare analysis of public policies.The key ingredient is the construction of each policy’s marginal value of public funds (MVPF). The MVPF is the ratio of beneficiaries’ willingness to pay for the policy to the net cost to the government. We discuss how the MVPF relates to “traditional” welfare analysis tools such as the marginal excess burden and marginal cost of public funds. We show how the MVPF can be used in practice by applying it to several canonical empirical applications from public finance, labor, development, trade, and industrial organization. |
| 主题 | Public Economics |
| URL | https://www.nber.org/papers/w27640 |
| 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/585312 |
| 推荐引用方式 GB/T 7714 | Amy Finkelstein,Nathaniel Hendren. Welfare Analysis Meets Causal Inference. 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 | ||
| w27640.pdf（330KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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