Measuring welfare effects in models with
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Erik Meijer; Jan Rouwendal
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Article
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2006
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John Wiley and Sons
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English
⚖ 150 KB
## Abstract In economic research, it is often important to express the marginal value of a variable in monetary terms. In random coefficient models, this marginal monetary value is the ratio of two random coefficients and is thus random itself. In this paper, we study the distribution of this ratio