Equivalent variation


 

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Equivalent variation

The amount of money that, paid to a person, group, or whole economy, would make them as well off as a specified change in the economy. Provides a monetary measure of the welfare effect of that change that is similar to, but not in general the same as, compensating variation.



Similar Matches

Ad valorem equivalent

Ad valorem equivalent

The ad valorem tariff that would be equivalent, in terms of its effects on trade, price, or some other measure, to a nontariff barrier.


Certainty equivalent

Certainty equivalent

An amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount.


Equivalent bond yield

Equivalent bond yield

Annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.


Coupon equivalent yield

Coupon equivalent yield

True interest cost expressed on the basis of a 365-day year.


Tax equivalent yield

Tax equivalent yield

The pre-tax yield required from a taxable bond in order to equal the tax-free yield of a municipal bond.


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Certainty Equivalent Return
Bond equivalent yield
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cash and equivalents
Coupon equivalent rate
Equivalent loan
Corporate taxable equivalent
annual equivalent rate


 
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