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Using newly available data, we re-evaluate the impact of transition from plan to market in former communist countries … on objective and subjective well-being. We find clear evidence of the high social cost of early transition reforms …: cohorts born around the start of transition are shorter than their older or younger peers. The difference in height suggests …
Persistent link: https://www.econbiz.de/10012861294
Using newly available data, we re-evaluate the impact of transition from plan to market in former communist countries … on objective and subjective well-being. We find clear evidence of the high social cost of early transition reforms …: cohorts born around the start of transition are shorter than their older or younger peers. The difference in height suggests …
Persistent link: https://www.econbiz.de/10012121301
This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported...
Persistent link: https://www.econbiz.de/10009522999
We argue that the relationship between individual satisfaction with life (SWL) and SWL inequality is more complex than described by leading earlier research such as Goff, Helliwell, and Mayraz (Economic Inquiry, 2018). Using inequality indices appropriate for ordinal data, our analysis using the...
Persistent link: https://www.econbiz.de/10012290721
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012169722
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012195532
The positive relationship between income and subjective wellbeing has been well documented. However, work assessing the relationship of alternative material wellbeing metrics to subjective wellbeing is limited. Consistent with the permanent income hypothesis, we find that a consumption measure...
Persistent link: https://www.econbiz.de/10012982856
The multidimensional view of well-being is receiving growing attention, both in academic research and policy-oriented analysis. This paper examines empirical strategies to measure poverty and inequality in multiple domains, concentrating on two problems in the use of synthetic multidimensional...
Persistent link: https://www.econbiz.de/10014217108
Well-being consists of many dimensions such as income, health and education. A society exhibits greater dependence between its dimensions of well-being when the positions of the individuals in the different dimensions are more aligned or correlated. Differences in dependence may lead to very...
Persistent link: https://www.econbiz.de/10013148994
the developed market economies and the transition countries with respect to some features: Hungary has almost the lowest …
Persistent link: https://www.econbiz.de/10003919676