Statistical inference for welfare under complete and incomplete information
Cowell, F.
& Victoria-Feser, M.
(1999).
Statistical inference for welfare under complete and incomplete information.
(Distributional Analysis Research Programme; DARP 47 47).
Suntory and Toyota International Centres for Economics and Related Disciplines.
& Victoria-Feser, M.
(1999).
Statistical inference for welfare under complete and incomplete information.
(Distributional Analysis Research Programme; DARP 47 47).
Suntory and Toyota International Centres for Economics and Related Disciplines.
We show how a collection of results in the literature on the empirical estimation of welfare indicators from sample data can be unified. We also demonstrate how some of these ideas can be extended to empirically important cases where the data have been trimmed or censored.