Prices and welfare

Prices and welfare

What is the welfare effect of a price change? This simple question is one of the most relevant and controversial questions in microeconomic theory and its different answers can lead to severe heterogeneity in empirical results. This paper returns t...

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Bibliographic Details
Main Authors: Araar, Abdelkrim, Verme, Paolo
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
PRICE DECREASES
PARTICULAR COUNTRY
SUBSTITUTION
WELFARE ECONOMICS
PRICE INCREASES
UTILITY FUNCTIONS
SUBSTITUTE GOODS
DEMAND FUNCTIONS
INDEX NUMBERS
SALES
INCOME
INTEREST
GOVERNMENT REVENUES
EXCHANGE
UTILITY MAXIMIZATION
INFORMATION
DEVELOPING COUNTRIES
ELASTICITY
ENGEL CURVE
WELFARE
DISTRIBUTION
VARIABLES
TAX SYSTEMS
PRICING
PRICE
TAX
REAL INCOME
PC
OPEN ACCESS
PRICE VARIATION
CHOICE
DATA
PRICE STRUCTURE
SAVINGS
CONSUMER SURPLUS
MONEY
FOOD PRICE
PRICE_INDEX
OUTPUTS
SURPLUS
PRODUCTS
ECONOMETRICS
COST OF LIVING
PRODUCTIVITY
DEMAND CURVES
INCOME EFFECTS
PRICE SCHEDULE
WEB
ECONOMICS LITERATURE
CONSUMER PREFERENCES
PRICE ELASTICITY
PRODUCT
UTILITY
NOMINAL INCOME
CONSUMER DEMAND
SUBSTITUTES
SUBSIDIES
ECONOMIC RESEARCH
TAXES
PRICE CHANGE
EXPENDITURE
NORMAL GOOD
TRANSACTIONS
EQUITY
CONSUMPTION
RELIABILITY
SURPLUSES
SUBSTITUTE
WAGES
RESULTS
PRICE ADJUSTMENTS
LORENZ CURVE
MARKET PRICES
VALUE
ELECTRICITY
FREE MARKET
DEMAND
UTILITY FUNCTION
DEMAND FUNCTION
PRICE CHANGES
EXPENDITURES
AGRICULTURE
CONSUMERS
INCOMES
Online Access:http://documents.worldbank.org/curated/en/2016/02/25927341/prices-welfare
http://hdl.handle.net/10986/23897

Internet

http://documents.worldbank.org/curated/en/2016/02/25927341/prices-welfare
http://hdl.handle.net/10986/23897

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