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Autor
Szulc Adam (Warsaw School of Economics, Poland)
Tytuł
Empirical versus policy equivalence scales: matching estimation
Źródło
ISiD Working Papers, 2010, nr 9, s. 23, wykr., tab., bibliogr. 15 poz.
Zeszyty ISiD
Słowa kluczowe
Metody estymacji, Kwantyfikacja dobrobytu, Budżet gospodarstwa domowego
Estimation methods, Quantification of prosperity, Budgets of households
Uwagi
summ.
Abstrakt
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)
Dostępne w
Biblioteka Szkoły Głównej Handlowej w Warszawie
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Bibliografia
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  1. Abadie A., D. Drucker, J.L. Herr, G.W. Imbens (2004), Implementing matching estimators for average treatment effects in STATA, "Stata Journal", 4, 290-311.
  2. Abadie A. and G. W. Imbens (2006), Large sample properties of matching estimators for average treatment effects, "Econometrica", 74, 235-257.
  3. Ayala L., Martinez R., Huerta J.R. (2003), Equivalence scales in tax and transfer policies, "Investigaciones Economicas", 27, 593-614.
  4. Blundell R. and A. Lewbel, (1991), The information content of equivalence scales, "Journal of Econometrics", 50, 49-68.
  5. Buchmann B., L. Rainwater, G. Schmaus, T. Smeeding (1988), Equivalence scales, wellbeing, inequality and poverty: sensistivity estimates across ten countries using the Luxembourg Income Study (LIS) database, "Review of Income and Wealth", 34, 115-142.
  6. Duclos J.-Y., M. Mercader-Prats (1999): Household needs and poverty: with application to Spain and the UK, "Review of Income and Wealth", 45, 77-98.
  7. Ebert U., P. Moyes (2003), Equivalence scales reconsidered, "Econometrica", 71, 319-343.
  8. Imbens G.W. (2004), Nonparametric estimation of average treatment effects under exogeneity: a review, "Review of Economics and Statistics", 86, 4-29.
  9. Kapteyn A., B.M.S. van Praag (1976), A new approach to the construction of family equivalence scales, "European Economic Review", 7, 313-335.
  10. Kot S.M. (1997): The Cracow Poverty Line., "Folia Oeconomica Cracoviensia", 39-40, 113-128.
  11. Lelli S. (2005), Using functionings to estimate equivalence scales, "Review of Income and Wealth", 51, 255-284.
  12. Nelson J. (1993) Household equivalence scales: theory versus policy," Journal of Labor Economics", 11, 471-493.
  13. Pollak R.A., T.J. Wales, (1979), Welfare comparisons and equivalence scales, "American Economic Review", 69, 216-221.
  14. Szulc A. (2008), Checking the consistency of Poverty in Poland: 1997 - 2003 Evidence", "Post-Communist Economies", 20, 33-55.
  15. Szulc, A. (2009), A matching estimator of household equivalence scales, "Economics Letters", 103, 81-83.
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Język
eng
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