EMPIRICAL-COMPARISON OF THE SHAPE OF WELFARE FUNCTIONS

被引：2

作者：

VANHERWAARDEN, FG ^{[1
]}

KAPTEYN, A ^{[1
]}

机构：

[1] UNIV SO CALIF,LOS ANGELES,CA 90007

来源：

ECONOMICS LETTERS | 1979年 / 3卷 / 01期

关键词：

D O I：

10.1016/0165-1765(79)90074-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study compares the fit of the lognormal welfare function proposed by Van Praag (1968) with the fit of 12 other functions. The comparison uses a sample of about 14;000 respondents. The lognormal function outperforms 11 alternatives in terms of the residual variance criterion, while the logarithm performs slightly better. © 1979.

引用

页码：71 / 76

页数：6

共 13 条

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JOURNAL OF HUMAN RESOURCES, 1977, 12 (04) :503-520

[2]

KAPTEYN A, 1976, EUR ECON REV, V7, P313

[3]

KAPTEYN A, 1977, THESIS LEYDEN U

[4]

KAPTEYN A, UNPUBLISHED

[5]

KAPTEYN A, 1976, 7612 LEYD U CTR RES

[6]

KAPTEYN A, 1979, RES POPULATION EC, V2

[7]

Theil H., 1961, EC FORECASTS POLICY

[8]

van Praag B. M., 1971, EUR ECON REV, V2, P337

[9]

Van Praag B. M. S., 1968, INDIVIDUAL WELFARE F

[10] 12,000 INDIVIDUAL WELFARE FUNCTIONS - COMPARISON OF 6 SAMPLES IN BELGIUM AND NETHERLANDS [J].

VANHERWAARDEN, F ;

KAPTEYN, A ;

VANPRAAG, B .

EUROPEAN ECONOMIC REVIEW, 1977, 9 (03) :283-300

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