Search Results - subject:"compensating variation"

The intuition behind income effects of price changes in discrete choice models, and a simple method for measuring the compensating variation

Batley, Richard; Dekker, Thijs - In: Environmental & resource economics : the official … 74 (2019) 1, pp. 337-366

Persistent link: https://www.econbiz.de/10012137973

Long-Term Investment with Stochastic Interest and Inflation Rates Incompleteness and Compensating Variation

Mkouar, Farid; Prigent, Jean-Luc - Institut de Préparation à l'Administration et à la … - 2014

We examine the long term investment problem, under stochastic interest and inflation rates and incompleteness. Four basic financial assets are available on the financial market: a money market account (the cash), a real consumption good, a financial stock index and a bond with constant maturity....

Persistent link: https://www.econbiz.de/10010778668

On the expenditure function and welfare in random utility models

Site, Paolo Delle - In: Economics Bulletin 34 (2014) 1, pp. 152-163

We extend the results on the cumulative distribution function and the expectation of the expenditure function in additive random utility models to cases of imperfect before-after correlation of the random terms, expenditure unrestricted in sign, and changing choice set. The results are of...

Persistent link: https://www.econbiz.de/10010836102

Nonparametric estimation of a compensating variation: The cost of disability

Hancock, Ruth; Morciano, Marcello; Pudney, Stephen - 2013

We propose a nonparametric matching approach to estimation of implicit costs based on the compensating variation (CV …

Persistent link: https://www.econbiz.de/10010331240

Nonparametric estimation of a compensating variation : the cost of disability

Hancock, Ruth; Morciano, Marcello; Pudney, Stephen E. - 2013 - This version November 25, 2013

We propose a nonparametric matching approach to estimation of implicit costs based on the compensating variation (CV …

Persistent link: https://www.econbiz.de/10010212427

Estimating the distribution of welfare effects using quantiles

Hoderlein, Stefan; Vanhems, Anne - 2013 - This version: September 10, 2013

Persistent link: https://www.econbiz.de/10011508475

Using compensating variation to measure the costs of child disability in the UK

Melnychuk, Mariya; Solmi, Francesca; Morris, Stephen - In: The European journal of health economics : HEPAC ; … 19 (2018) 3, pp. 419-433

Persistent link: https://www.econbiz.de/10011946835

On the need to compensate the compensating variation in CGE modeling

Guerra, Ana-Isabel; Sancho, Ferrán - In: Economic systems research : journal of the … 30 (2018) 3, pp. 313-322

Persistent link: https://www.econbiz.de/10011918114

Welfare and Distributional Impacts of Price Shocks in Malawi: A Non-Parametric Approach

Benfica, Rui M.S. - International Association of Agricultural Economists - IAAE - 2012

This analysis uses measures of Compensating Variation (CV) and Net Benefit Ratios (NBR) to assess the short-run effects … of higher prices on different income groups in rural and urban areas of Malawi. Compensating Variation analysis indicates …

Persistent link: https://www.econbiz.de/10010880272

THE IMPACT OF THE BEFORE-AFTER ERROR TERM CORRELATION ON WELFARE MEASUREMENT IN LOGIT

Site, Paolo Delle; Salucci, Marco Valerio - Centro di Ricerca sull'Economia delle Istituzioni … - 2012

. To compute the expectation of the compensating variation it is necessary to consider the correlation of the error terms …-after correlation of the error terms on the expectation of the compensating variation. We consider each error term to be correlated … use numerical evidence to show that in the case with income effect the variability of the expectation of the compensating …

Persistent link: https://www.econbiz.de/10010554877