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Measuring the Welfare Effects of Price Changes: A Convenient Parametric Approach

John Creedy

No 536, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper describes a method of estimating the welfare effects of a set of price changes, using money measures of welfare change such as compensating and equivalent variations, and the associated concept of "equivalent income".

Keywords: EVALUATION; PRICES; SOCIAL WELFARE (search for similar items in EconPapers)
JEL-codes: E10 I31 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1996
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Citations: View citations in EconPapers (5)

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Journal Article: Measuring the Welfare Effects of Price Changes: A Convenient Parametric Approach (1998) Downloads
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