Computation of the compensating variation within a random utility model using GAUSS software

In this paper we describe a software instrument, implemented with GAUSS, to evaluate a tax reform in terms of change in household welfare, and in particular in term of Compensating Variation (CV), within a random utility model. The program flow and the program list with comments are supplied.

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Year of publication:	2006-01
Authors:	Locatelli, Marilena ; Strøm, Steinar
Institutions:	Centre for Household, Income, Labour and Demographic Economics (CHILD)
Subject:	Compensating variation \| computing welfare change \| GAUSS application \| tax system evaluation

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Extent:	application/pdf
Series:	CHILD Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	32 pages
Classification:	C63 - Computational Techniques ; B21 - Microeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005292727