Appliance Standards and the Welfare of Poor Families*

Steven Stoft

The Energy Journal, 1993, vol. 14, issue 4, 1-6

Abstract: Sutherland recently described U.S. federal appliance standards as causing a welfare loss that falls “particularly heavily on poor families. †He attributed this loss to their risk aversion and to their being forced to invest at a discount rate of 7%. This note estimates the loss caused by this risk aversion at less than eight cents per year in the case of the 1993 refrigerator standard, and documents that standards have not been designed with the intention offorcing consumers to invest at a 7% discount rate.

Date: 1993
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol14-No4-8 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:14:y:1993:i:4:p:1-6

DOI: 10.5547/ISSN0195-6574-EJ-Vol14-No4-8

Access Statistics for this article

More articles in The Energy Journal
Bibliographic data for series maintained by SAGE Publications ().