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

Equivalent loan

Equivalent loan

Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting.


Tariff equivalent

Tariff equivalent

The level of tariff that would be the same, in terms of its effect, usually on the quantity of imports, as a given NTB.


Equivalent annual cost

Equivalent annual cost

The cost per year of owning an asset over its entire life.


Annual equivalent rate

Annual equivalent rate

A figure quoted in loan advertisements to help people make compare one product with another. It indicates what the rate would be if interest was paid just once a year.


Producer subsidy equivalent

Producer subsidy equivalent

1. Producer support estimate. 2. This ought logically to measure the extent to which existing policies serve to subsidize producers, defined as the ad valorem subsidy that, if paid directly to producers per unit of production, would lead to the same level of output as existing policies.


Further Suggestions

Coupon equivalent yield
cash and equivalents
Coupon equivalent rate
Tax equivalent yield
Equivalent quota
Equivalent tariff
Certainty Equivalent Return
Common stock equivalent
Bond equivalent yield
Certainty equivalent
Ad valorem equivalent
Equivalent annual annuity
equivalent strategy
Corporate equivalent yield
Equivalent annual benefit
Bond equivalent basis
Corporate taxable equivalent
Equivalent bond yield
equivalent pension benefit


 
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