# Unconditional versus conditional Welfare measure

**URL:** <https://forum.dynare.org/t/unconditional-versus-conditional-welfare-measure/12467>\
**Category:** General DSGE Modeling\
**Created:** [22 September 2018 13:26 UTC](https://forum.dynare.org/t/unconditional-versus-conditional-welfare-measure/12467 "2018-09-22T13:26:04Z")\
**Posts on this page:** 1\
**Showing post:** 13

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**Author:** ![kofiemma](https://forum.dynare.org/letter_avatar_proxy/v4/letter/k/439d5e/32.png) [@kofiemma](https://forum.dynare.org/u/kofiemma)\
**Post date:** [7 April 2022 09:32 UTC](https://forum.dynare.org/t/unconditional-versus-conditional-welfare-measure/12467/13 "2022-04-07T09:32:48Z")

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> [@HelloDynare](#):
>
> after a long-run period to compute the unconditional welfare.

Hi @HelloDynare, if I may ask. What is long-run here? If you create a variable W = U + bet\* U(+1), simulate the model and compute mean of W, you get conditional welfare (per this thread [Welfare computation](https://forum.dynare.org/t/welfare-computation/308)). But if you take the mean in the long run, then you get unconditional welfare? Thanks!

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