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Welfare: Aggregate consumer behavior

Welfare: Aggregate consumer behavior PDF Author: Dale Weldeau Jorgenson
Publisher: MIT Press
ISBN: 9780262100625
Category : Business & Economics
Languages : en
Pages : 588

Book Description
This is the first of two volumes of Dale Jorgenson's empirical studies of consumer behaviour. It focuses on an econometric model of demand obtained by aggregating over a population of consumers with heterogeneous preferences.

Welfare: Aggregate consumer behavior

Welfare: Aggregate consumer behavior PDF Author: Dale Weldeau Jorgenson
Publisher: MIT Press
ISBN: 9780262100625
Category : Business & Economics
Languages : en
Pages : 588

Book Description
This is the first of two volumes of Dale Jorgenson's empirical studies of consumer behaviour. It focuses on an econometric model of demand obtained by aggregating over a population of consumers with heterogeneous preferences.

Aggregate Consumer Behavior and Individual Welfare

Aggregate Consumer Behavior and Individual Welfare PDF Author: Dale Weldeau Jorgenson
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 32

Book Description


Welfare: Measuring social welfare

Welfare: Measuring social welfare PDF Author: Dale Weldeau Jorgenson
Publisher: MIT Press
ISBN: 9780262100632
Category : Business & Economics
Languages : en
Pages : 476

Book Description
This volume presents an approach to the evaluation of economic policies through the econometric modeling of aggregate consumer behavior. While the preferences of individual consumers are revealed by their market choices, these preferences can be recovered only by econometric methods, not through the index numbers used in the official statistics. The richer and more robust methodology presented in this volume provides a fruitful point of departure for future policy evaluations. The econometric approach replaces ordinal measures of individual welfare that cannot be compared among individuals with cardinal measures that can. These are combined into an indicator of social welfare that reflects principles of horizontal and vertical equity. This approach unifies the measurement of poverty, inequality, and cost and standard of living. It extends the scope of normative economics to a broader range of issues in the evaluation of economic and social policies.

Aggregate Consumer Behavior and the Measurement of Inequality ; An Econometric Approach to General Equilibrium Analysis

Aggregate Consumer Behavior and the Measurement of Inequality ; An Econometric Approach to General Equilibrium Analysis PDF Author: Dale Weldeau Jorgenson
Publisher:
ISBN:
Category : Consumer behavior
Languages : en
Pages : 104

Book Description


Aggregate Consumer Behavior and the Measurement of Social Welfare

Aggregate Consumer Behavior and the Measurement of Social Welfare PDF Author: Massachusetts Institute of Technology. Energy Laboratory
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 51

Book Description


Individual Welfare Functions and Consumer Behavior

Individual Welfare Functions and Consumer Behavior PDF Author: Bernard M. S. van Praag
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 290

Book Description


The Measurement of Social Welfare

The Measurement of Social Welfare PDF Author: Dale Weldeau Jorgenson
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 66

Book Description


Individual welfare functions and consumer behavior

Individual welfare functions and consumer behavior PDF Author: Bernard M. S. van Praag
Publisher:
ISBN:
Category :
Languages : en
Pages : 235

Book Description


Individual welfare functions and consumer behavior

Individual welfare functions and consumer behavior PDF Author:
Publisher:
ISBN:
Category :
Languages : nl
Pages : 235

Book Description


Guidelines for Constructing Consumption Aggregates for Welfare Analysis

Guidelines for Constructing Consumption Aggregates for Welfare Analysis PDF Author: Angus Deaton
Publisher: World Bank Publications
ISBN: 9780821349908
Category : Business & Economics
Languages : en
Pages : 128

Book Description
In September 2001, staff from the World Bank and the International Monetary Fund met with the objective of strengthening collaboration between the two organizations in projects of civil service reform. This strengthened collaboration will have key benefits in ensuring consistency between the conflicting goals of the two organizations, establishing realistic objectives within the reform process, and maintaining a core set of wage and employment data. The principal conclusion arrived at was that World Bank and IMF staff should be engaging in collaboration earlier in the reform process. To guide the collaboration, six foundations were identified. These include: develop a medium-term fiscal framework; foster national ownership by making reforms politically feasible; focus and streamline conditionality; agree on sequencing and timing of reforms; and strengthen data collection. These principals will be tested for effectiveness in several focus countries.