EQUIVALENCE VERSUS INDIFFERENCE SCALES

被引：24
|
作者：
Chiappori, Pierre-Andre [1 ]
机构：
[1] Columbia Univ, New York, NY 10027 USA
来源：
ECONOMIC JOURNAL | 2016年 / 126卷 / 592期
关键词：
WELFARE COMPARISONS; IDENTIFICATION;
D O I：
10.1111/ecoj.12371
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Comparing income levels across families with different composition is a central issue for most welfare indicators and policies. Currently, the dominant method relies on income-based equivalence scales, which raise a host of theoretical, empirical and normative difficulties. However, a new approach, based on the notion of indifference scales, avoids most of these problems, while leading to empirically tractable estimation methods. I submit that time has come to abandon the traditional view in favour of the new concept.
引用
收藏
页码：523 / 545
页数：23
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