Empirical versus policy equivalence scales: matching estimation

• Autorzy: Adam Szulc
• Języki publikacji: EN

Abstrakty

EN

Properties of three types of equivalence scales obtained through the matching estimation are compared. The scales are derived by estimating the effect that demographic variables have on the household expenditures. The types estimated include: i/ matching on common values of well-being covariates (partly normative approach), ii/ matching on simulated equivalent expenditure minimising the deviation between the estimated and presumed value (solely empirical method), iii/ matching on covariates with imposed economy of scale on selected commodities (policy scales). Unlike many scales based on the estimates of demand systems, those obtained by the matching estimation confirm expectations based on the economic theory. (original abstract)

Słowa kluczowe

EN

Estimation methods; Quantification of prosperity; Budgets of households

PL

Metody estymacji; Kwantyfikacja dobrobytu; Budżet gospodarstwa domowego

• Czasopismo: ISiD Working Papers
• Rocznik: 2010
• Numer: nr 9
• Strony: 23

Twórcy

autor

Adam Szulc

• Warsaw School of Economics, Poland

Bibliografia

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