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

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