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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...
Persistent link: https://www.econbiz.de/10011440671
How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? We seek to answer this question by way of welfare comparisons between countries and within countries over time, using EU-SILC data. Our study is novel in using a...
Persistent link: https://www.econbiz.de/10012023707
Persistent link: https://www.econbiz.de/10011710153
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...
Persistent link: https://www.econbiz.de/10011403658
Persistent link: https://www.econbiz.de/10012587806
How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? Using EU-SILC data, we seek to answer this question by way of first order dominance comparisons between countries and over time. The novel feature of our study is...
Persistent link: https://www.econbiz.de/10012951553