Household equivalence scales and welfare comparisons
作者： Arthur Lewbel
DOI: 10.1016/0047-2727(89)90035-2
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摘要: Abstract The ratio of cost functions different households facing the same prices and attaining utility level is a true (demographic) characteristics index. This index independent base income or (IB) if only it equals household equivalence scales that are themselves IB. Applied specifications usually paper describes general restrictions on social welfare required for IB their use in analysis.
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