The paper focuses on durable goods and their role in the measurement of living standards. The paper reviews the theoretical underpinnings of the methods available to estimate the value of the services flowing from consumer durable goods. It also provides a unified framework that encompasses the...

The paper focuses on durable goods and their role in the measurement of living standards. The paper reviews the theoretical underpinnings of the methods available to estimate the value of the services flowing from consumer durable goods. It also provides a unified framework that encompasses the...

The paper focuses on durable goods and their role in the measurement of living standards. The paper reviews the theoretical underpinnings of the methods available to estimate the value of the services flowing from consumer durable goods. It also provides a unified framework that encompasses the...

This paper examines the dynamics of poverty in Bhutan between 2017 and 2022, utilizing cross-sectional data from the Bhutan Living Standards Surveys. The paper constructs synthetic panels and estimates poverty transition probabilities. Three main findings emerge. First, poverty turnover in...