JHA, Raghbendra; DANG, Tu; SHARMA, Krishna Lal - In: International Journal of Applied Econometrics and … 9 (2009) 1
In the extant literature either income or consumption expenditures as measured over short periods of time has been regarded as proxies for the material well-being of households. However, economists have long recognized that a household’s sense of well-being depends not just on its average...