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来源类型Working Paper
规范类型报告
DOI10.3386/w29656
来源IDWorking Paper 29656
Robust Bounds for Welfare Analysis
Zi Yang Kang; Shoshana Vasserman
发表日期2022-01-17
出版年2022
语种英语
摘要Economists routinely make functional form assumptions about consumer demand to obtain welfare estimates. How sensitive are welfare estimates to these assumptions? We answer this question by providing bounds on welfare that hold for families of demand curves commonly considered in different literatures. We show that commonly chosen functional forms, such as linear, exponential, and CES demand, are extremal in different families: they yield either the highest or lowest welfare estimate among all demand curves in those families. To illustrate our approach, we apply our results to the welfare analysis of energy subsidies, trade tariffs, pensions, and income taxation.
主题Econometrics ; Estimation Methods ; Microeconomics ; Welfare and Collective Choice ; International Economics ; Trade ; Public Economics ; Taxation ; Environmental and Resource Economics ; Energy
URLhttps://www.nber.org/papers/w29656
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/587330
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GB/T 7714
Zi Yang Kang,Shoshana Vasserman. Robust Bounds for Welfare Analysis. 2022.
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