Prices and Welfare An Introduction to the Measurement of Well-being when Prices Change /

• Main Authors: Araar, Abdelkrim (Author, http://id.loc.gov/vocabulary/relators/aut), Verme, Paolo (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Pivot, 2019.
• Edition: 1st ed. 2019.
• Subjects: Welfare economics.; Economic theory.; Development economics.; Social Choice/Welfare Economics/Public Choice/Political Economy.; Economic Theory/Quantitative Economics/Mathematical Methods.; Development Economics.

This book provides a general framework for the use of theoretical contributions in empirical works, addressing the question of what is the the effect of a price change on household well-being. This simple question is one of the most relevant and controversial questions in microeconomic theory and on...

Table of Contents:

• 1. Introduction
• 2. Assumptions and Measures
• 3. Theory and Computation
• 4. Empirical Applications.