HAHN LECTURE, Pierre-André Chiappori: Equivalence scales versus indifference scales

Описание к видео HAHN LECTURE, Pierre-André Chiappori: Equivalence scales versus indifference scales

Slides for this lecture are available here: http://www.fsmevents.com/res/2015/ses...

Delivering the 2015 Hahn lecture, Pierre-André Chiappori discusses the widespread use of equivalence scales to compare welfare across individuals and households, and argues that indifference scales, which compare a person’s welfare in different situations, have much sounder theoretical foundations.

Presentation by Pierre-André Chiappori (Columbia University) with introduction from Richard Blundell (UCL and IFS)

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