The Distributional Welfare Effects of Rising Prices in the United States: The 1970's Experience
估计了1970-80年美国能源和非能源商品价格上涨对不同家庭福利的分配性影响，发现支出增长路径的差异比初始支出或人口特征更能解释福利差异。
This paper presents estimates of the distributional welfare impacts ofthe actual price rises of energy and nonenergy commodities during the1970-80 decade in the United States. Measures of welfare changes basedon net compensating variations are computed for families that differ with respect to demographic characteristics, initial total expenditurelevels, and total expenditure growth profiles over the decade. For comparison, measures of welfare change based solely on the changes inenergy prices are computed. The author shows that welfare differencesdue to initial expenditure levels or demographic profiles are minor incomparison to welfare differences due to different expenditure growthprofiles. Copyright 1986 by American Economic Association.