Sufficient Statistics for Measuring Forward-Looking Welfare
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https://www.nber.org/papers/w32567
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资源简介:
We propose a sufficient-statistics method to measure a money-metric index of dynamic welfare. The method relies on two assumptions: (i) individuals preferences are separable between present and future consumption, and (ii) a subset of households bear no undiversifiable idiosyncratic risk. For this
提供机构:
美国国家经济研究局
创建时间:
2024-06-01



