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Computation of the compensating variation within a random utility model using GAUSS software

Marilena Locatelli and Steinar Strøm ()

CHILD Working Papers from CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY

Abstract: In this paper we describe a software instrument, implemented with GAUSS, to evaluate a tax reform in terms of change in household welfare, and in particular in term of Compensating Variation (CV), within a random utility model. The program flow and the program list with comments are supplied.

Keywords: Compensating variation; computing welfare change; GAUSS application; tax system evaluation (search for similar items in EconPapers)
JEL-codes: B21 C63 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2006-01
New Economics Papers: this item is included in nep-cmp, nep-ict and nep-upt
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wpc:wplist:wp02_06

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