HOUSEHOLD COST FUNCTIONS AND EQUIVALENCE SCALES
提出一种估计家庭成本函数和等价尺度的简单方法,不依赖强效用最大化假设或特定函数形式,数据需求低,并用八国及美国数据验证了可行性。
We describe a simple method to estimate household cost functions and family equivalence scales. It is an alternative to standard methods as it does not assume strong postulates about utility maximization nor any functionally specified model equations. The data requirements are extremely modest. We assume interpersonal ordinal comparability in the sense of Sen (1976) and use empirical evidence for eight European countries and the U.S. to show the feasibility of the method and the stability of its results. We also show that subjective data like those provided by income evaluation questions may be used without adopting a cardinal utility framework.