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Aggregate Monetary Efficiency Measures in Economies With Public Goods

dc.contributor.authorGaspar, Vítor
dc.contributor.authorBárcia, Paulo
dc.date.accessioned2019-10-17T13:54:05Z
dc.date.available2019-10-17T13:54:05Z
dc.date.issued1989-02
dc.description.abstractThe purpose of this paper is to consider the use of aggregate money measures of welfare change in economies in which there are public goods. Specifically, the relation between the maximization of the sum of equivalent variations and Pareto optimality will be studied. We show that any Pareto optimal allocation may be obtained as a result of the maximization of the sum of individual money metrics: for this to happen it is enough to choose the Pareto optimal allocation as the basis for the computation of the money metrics.pt_PT
dc.description.versionN/Apt_PT
dc.identifier.citationGaspar, Vitor and Bárcia, Paulo, Aggregate Monetary Efficiency Measures in Economies With Public Goods (February, 1989). FEUNL Working Paper Series No. 113pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/84561
dc.language.isoengpt_PT
dc.peerreviewednopt_PT
dc.publisherNova SBEpt_PT
dc.relation.ispartofseriesFEUNL Working Paper Series;113
dc.titleAggregate Monetary Efficiency Measures in Economies With Public Goodspt_PT
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typeworkingPaperpt_PT

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