Firpo, Sérgio Pinheiro; Galvão Júnior, Antônio Fialho; … - 2020
In this paper we develop theoretical criteria and econometric methods to rank policy interventions in terms of welfare … of the distributions of policy-induced gains and losses. It applies to the class of welfare functions which model … procedures to a partially-identified case. Finally, we illustrate our methods with an empirical application to welfare comparison …