A General Approach to Welfare Measurement through National Income Accounting
Asheim, Geir B.
- Publisher: Center for Economic Studies and Ifo Institute (CESifo) Munich
Volkswirtschaftliche Gesamtrechnung | national income accounting, dynamic welfare | C43 | Soziale Wohlfahrtsfunktion | National income accounting; dynamic welfare | dynamic welfare | national income accounting | O47 | Q01 | Theorie
We develop a framework for analyzing national income accounting using a revealed welfare approach that is sufficiently general to cover, e.g., both the standard discounted utilitarian and maximin criteria as special cases. We show that the basic welfare properties of co...