 A simplidied model for social welfare analysis: an applications to Spain, 1973-74 to 1980-81UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de EconomÃa Abstract: Most of the literature on income distribution has been concentrated on inequality. In this paper we introduce also a concern for efficiency in an social welfare model. We propose a simple but useful specification which combines three features: (i) the selection of measurement instruments in the relative and the absolute case on the grounds of their properties for applied work; (ii) a procedure to make welfare comparisons across households with different needs, in a model in which equivalence scales depend only on household size; an (iii) the use of house hold specific statistical price indices to make intertemporal comparisons in teal terms. The methodology is applied to the study of the role of prices and demographic effects in the evolution of the standard of living in Spain from 1973-74 to 1980-81. Keywords: Social; welfare; Relative; and; absolute; inequality; Statistical; price; indices; Equivalence; scales (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:6026 Access Statistics for this paper More papers in UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de EconomÃa |
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