This paper provides a synthesis of the four papers on the Latin American and Caribbean economies: Brazil, Chile, Costa Rica, and the Dominican Republic. It focuses on the following themes: macroeconomic stabilization and fiscal challenges, poverty and inequality, and the use of natural resources...

This paper investigates whether firm performance differs significantly when comparing firms with female and male top managers in the Caribbean region. We use survey data with detailed information on gender for firms in 13 Caribbean countries. Our methodology is based on Blinder- Oaxaca...

A growing number of cities around the world have established systems of monitoring the quality of urban life. Many of those systems combine objective and subjective information and attempt to cover a wide variety of topics. This paper introduces a simple method that takes advantage of both types...

Economics has rediscovered happiness even though the discipline has always been about human wellbeing. A growing evidence suggests that happier people can be more productive and innovative, which leads to profitability and economic growth. Thus, there are concerted efforts to measure happiness...

This paper attempts to measure the extent of inequality within households and its contribution to overall levels of inequality in child well-being. The paper analyses the distribution of resources (outcomes) between girls and boys for four indicators: nutrition, birth registration, school...

Using survey data from rural Vietnam, this paper documents a statistically significant, positive effect of self-employment in farming on subjective well-being. Wage workers are less happy than farmers across a range of different types of wage jobs. These results suggest that structural...

This study appraises non-monetary multidimensional poverty in Nigeria using the novel first order dominance approach developed by Arndt et al. (2012). It examines five dimensions of deprivation: education, water, sanitation, shelter, and energy-using comparable datasets, the Nigeria Demographic...

Understanding the relationship between food insecurity and subjective evaluation of well-being is critical in designing social welfare policies, especially in developing countries. Surprisingly, literature on the topic is scarce. This study adopted Van Praag's theoretical framework and used...

In this paper, we convey the concept of first-order dominance (FOD) with particular focus on applications to multidimensional population welfare comparisons. We give an account of the fundamental equivalent definitions of FOD, illustrated with simple numerical examples. An implementable method...

Every person desires some level of inner fulfilment at different stages of life and this could come from a combination of several factors including material and resource acquisition and social prestige. The challenge, however, is whether happiness levels across the different social strata are...