Welfare and Output With Income Effects and Taste Shocks

DOI10.1093/QJE/QJAC042zbMath1521.91099OpenAlexW3188468289MaRDI QIDQ6049442

Ariel T. Burstein, David Rezza Baqaee

Publication date: 15 September 2023

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/qje/qjac042

zbMATH Keywords

productiongeneral equilibriumtaste shocksnonhomothetic preferencesreal GDPwelfare metric

Mathematics Subject Classification ID

General equilibrium theory (91B50) Statistical methods; economic indices and measures (91B82) Welfare economics (91B15)

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