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A welfare based estimate of "real feel GDP" for Europe and the USA
Germain, Jean-Marc - 2020
Persistent link: https://www.econbiz.de/10012289792
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Current Trends in Welfare Measurement
Angner, Erik - 2011
The rise of subjective measures of well-being represents at least two important trends in the measurement of welfare or … shift away from the measurement-theoretic (or representational) approach to measurement and toward the psychometric approach …. In this chapter, I will argue that whereas orthodox economic welfare measures are based on the measurement …
Persistent link: https://www.econbiz.de/10014191026
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New approaches to measuring welfare
Cooper, Kristen B; Fabian, Mark; Krekel, Christian - In: Fiscal studies : the journal of the Institute for … 44 (2023) 2, pp. 123-135
Persistent link: https://www.econbiz.de/10014456805
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Subjective questions to measure welfare and well-being
Ferrer-i-Carbonell, Ada - 2002
This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
Persistent link: https://www.econbiz.de/10011326409
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GDP as a Measure of Economic Welfare
Syrquin, Moshe - 2011
measurement of GDP to better reflect progress, welfare or even happiness. In recent years even Presidents and Prime Ministers in … measurement has not been the objective of the GDP accounts especially since the late 1940s when National Accounts became a vehicle …
Persistent link: https://www.econbiz.de/10013127176
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Air pollutants and outlays vs quality of life in Poland and the welfare economics
Pakulska, Jolanta - In: Ekonomia i prawo 21 (2022) 2, pp. 489-501
Persistent link: https://www.econbiz.de/10013474004
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How robust are estimated country welfare? : an investigation of welfare ranking, based on indices calculated using random weights.
Olsson, Michael - 2010
We measure country welfare by an index number calculated from welfare components like GDP per capita and expected length of life. We rank countries from high to low welfare using such estimated welfare indices. In such calculation the chosen welfare components, the procedures used to normalize...
Persistent link: https://www.econbiz.de/10011562806
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Inequity Aversion, Welfare Measurement and the Gini Index
Schmidt, Ulrich - 2018
Integrating individual inequity aversion into a utilitarian social welfare function, we derive a simple welfare measure which comprises both GDP and income inequality as measured by the Gini-index. The provided theoretical link between inequity aversion (popular in behavioural microeconomics)...
Persistent link: https://www.econbiz.de/10012919543
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Inequity aversion, welfare measurement and the Gini index
Schmidt, Ulrich; Wichardt, Philipp C. - 2018
Over the last decades, research in behavioural economics has demonstrated that individual welfare (utility), as relevant for economic decision making, depends not only on absolut but also on distributional aspects. Moreover, evidence is gathering that something similar holds for aggregate...
Persistent link: https://www.econbiz.de/10011845317
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A conceptual exploration and critical inquiry into the theoretical foundation(s) of economic welfare measures
Slycken, Jonas Van der; Bleys, Brent - 2019
Persistent link: https://www.econbiz.de/10012131746