Abstract
Government policies often distort the price distribution, rather than stabilize or unstabilize prices; recent examples are trade reforms. Previous contingent bounds of noncontingent equivalent variations are still valid, however, additional assumptions are required. A byproduct is a generalized risk premium.
| Original language | English |
|---|---|
| Pages (from-to) | 257-261 |
| Number of pages | 5 |
| Journal | Economics Letters |
| Volume | 36 |
| Issue number | 3 |
| DOIs | |
| State | Published - Jul 1991 |
| Externally published | Yes |