Exact Welfare Measurement using Marshallian Demand Functions

John Creedy

No 756, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper provides an introduction to an approach to the measurement of exact measures based only on empirical Marshallian demand functions.

Keywords: MEASURING INSTRUMENTS; CONSUMPTION; SOCIAL WELFARE (search for similar items in EconPapers)
JEL-codes: C82 D60 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2000
Note: This paper is forthcoming (2006) in: Creedy, J. Measuring Welfare Changes with Marshallian Demand Functions, Australian Economic Review.
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