Welfare comparisons: sequential procedures for heterogenous population

Peter J. Lambert and Xavier Ramos ()
Additional contact information
Xavier Ramos: Departament d'Economia Aplicada, Universitat Autonoma de Barcelona

Working Papers from Department of Applied Economics at Universitat Autonoma of Barcelona

Abstract: Some analysts use sequential dominance criteria, and others use equivalence scales in combination with non-sequential dominance tests, to make welfare comparisons of joint distributions of income and needs. In this paper we present a new sequential procedure which copes with situations in which sequential dominance fails. We also demonstrate that the recommendations deriving from the sequential approach are valid for distributions of equivalent income whatever equivalence scale the analyst might adopt. Thus the paper marries together the sequential and equivalizing approaches, seen as alternatives in much previous literature. All results are specified in forms which allow for demographic differences in the populations being compared.

JEL-codes: D63 I31 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2001-06
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ddd.uab.cat/repec/doc/wp0114.pdf (application/pdf)

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:uab:wprdea:wp0114

Access Statistics for this paper

More papers in Working Papers from Department of Applied Economics at Universitat Autonoma of Barcelona Contact information at EDIRC.
Bibliographic data for series maintained by Dept. Economia Aplicada ().